Safehold Financial Health

Short Term Liabilities: SAFE's short term assets ($4.6B) exceed its short term liabilities ($117.2M).

Long Term Liabilities: SAFE's short term assets ($4.6B) exceed its long term liabilities ($3.5B).

Debt Level: SAFE's net debt to equity ratio (159.6%) is considered high.

Reducing Debt: SAFE's debt to equity ratio has increased from 63.6% to 161.2% over the past 5 years.

Debt Coverage: SAFE's debt is not well covered by operating cash flow (1.9%).

Interest Coverage: SAFE's interest payments on its debt are not well covered by EBIT (1.8x coverage).

• Healthy companies in the Real Estate industry.