Sila Realty Trust Balance Sheet Health
Financial Health criteria checks 5/6
Sila Realty Trust has a total shareholder equity of $1.5B and total debt of $521.3M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are $2.1B and $608.7M respectively. Sila Realty Trust's EBIT is $70.1M making its interest coverage ratio 3.8. It has cash and short-term investments of $104.3M.
Key information
35.4%
Debt to equity ratio
US$521.30m
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$104.33m |
| Equity | US$1.47b |
| Total liabilities | US$608.69m |
| Total assets | US$2.08b |
Recent financial health updates
Recent updates
Sila Realty Trust: Buy This 6.3% Yielding REIT Before The Market Catches On
Sep 10Sila: Index Buying Should Offset Slightly Lower Than Expected AFFO
Aug 16Sila Realty Trust: This Newly Listed REIT Could Be A Great Portfolio Addition For Income Seekers
Jul 22Sila Realty Trust: Dutch Auction Tender Presents Attractive Arbitrage Opportunity
Jun 25Financial Position Analysis
Short Term Liabilities: SILA's short term assets ($168.5M) exceed its short term liabilities ($27.6M).
Long Term Liabilities: SILA's short term assets ($168.5M) do not cover its long term liabilities ($581.0M).
Debt to Equity History and Analysis
Debt Level: SILA's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: SILA's debt to equity ratio has reduced from 83.5% to 35.4% over the past 5 years.
Debt Coverage: SILA's debt is well covered by operating cash flow (25.5%).
Interest Coverage: SILA's interest payments on its debt are well covered by EBIT (3.8x coverage).