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 $521.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are $2.1B and $601.8M respectively. Sila Realty Trust's EBIT is $69.6M making its interest coverage ratio 3.5. It has cash and short-term investments of $109.7M.
Key information
34.9%
Debt to equity ratio
US$521.01m
Debt
Interest coverage ratio | 3.5x |
Cash | US$109.71m |
Equity | US$1.49b |
Total liabilities | US$601.81m |
Total assets | US$2.09b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SILA's short term assets ($169.9M) exceed its short term liabilities ($22.1M).
Long Term Liabilities: SILA's short term assets ($169.9M) do not cover its long term liabilities ($579.8M).
Debt to Equity History and Analysis
Debt Level: SILA's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: SILA's debt to equity ratio has reduced from 80.6% to 34.9% 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 (3.5x coverage).