Safehold Balance Sheet Health
Financial Health criteria checks 2/6
Safehold has a total shareholder equity of $2.3B and total debt of $4.3B, which brings its debt-to-equity ratio to 185.4%. Its total assets and total liabilities are $6.8B and $4.5B respectively. Safehold's EBIT is $304.2M making its interest coverage ratio 1.6. It has cash and short-term investments of $15.6M.
Key information
185.4%
Debt to equity ratio
US$4.30b
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$15.58m |
| Equity | US$2.32b |
| Total liabilities | US$4.50b |
| Total assets | US$6.81b |
Recent financial health updates
No updates
Recent updates
Safehold Vs. Treasuries
Jan 15Safehold: Time To Cover This High-Beta Bond Proxy
Nov 04Safehold To Star Holdings: A Paired Trade
Sep 23Safehold: Two Requirements To Make It To $30
Jul 15Are The 6.6% Yielding A Rated Bonds A Safehold?
Apr 26After Q4 Results And Share Price Drop, Safehold Is Still A Buy
Feb 14Safehold: All Eyes On Yields
Jan 23Safehold: Greatly Positioned For An Outperformance (Rating Upgrade)
Dec 12Take A Bite Of Star Holdings If You Are Bullish On Safehold
Nov 15Safehold: A Billionaire's Bet On Ground Leases
Nov 07Safehold Is About To Be Clobbered By Interest Rates
Oct 11Safehold: Playing The Duration Risk Via A REIT Vehicle
Sep 26Safehold The RINO: Defaults And Valuation
Sep 18Safehold: Simply Irreplaceable
Aug 20Safehold: An "All-In" Bet On Lower Rates
Aug 03Safehold: Undervalued Play On Ground Leases
Jul 28Safehold: Long Duration REIT With High Interest Rate Sensitivity
Jul 12Safe With Safehold - Could Buy More For 2024 And Beyond
Jun 04Financial Position Analysis
Short Term Liabilities: SAFE's short term assets ($5.6B) exceed its short term liabilities ($128.4M).
Long Term Liabilities: SAFE's short term assets ($5.6B) exceed its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: SAFE's net debt to equity ratio (184.7%) is considered high.
Reducing Debt: SAFE's debt to equity ratio has increased from 84.2% to 185.4% over the past 5 years.
Debt Coverage: SAFE's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: SAFE's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 13:26 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Safehold Inc. is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Crossett | Berenberg |
| Nathan Crossett | BNP Paribas Exane |
| Derek Hewett | BofA Global Research |