Sila Realty Trust Balance Sheet Health

Financial Health criteria checks 5/6

Sila Realty Trust has a total shareholder equity of $1.4B and total debt of $522.4M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are $2.0B and $607.0M respectively. Sila Realty Trust's EBIT is $67.1M making its interest coverage ratio 3.8. It has cash and short-term investments of $35.3M.

Key information

37.3%

Debt to equity ratio

US$522.36m

Debt

Interest coverage ratio3.8x
CashUS$35.35m
EquityUS$1.40b
Total liabilitiesUS$606.96m
Total assetsUS$2.01b

Recent financial health updates

Recent updates

Sila Realty Trust: Steady Quarter, Asset Repositioning Almost Done

Nov 13

Sila Realty Trust: Buy This 6.3% Yielding REIT Before The Market Catches On

Sep 10

Sila: Index Buying Should Offset Slightly Lower Than Expected AFFO

Aug 16

Sila Realty Trust: This Newly Listed REIT Could Be A Great Portfolio Addition For Income Seekers

Jul 22

Sila Realty Trust: Dutch Auction Tender Presents Attractive Arbitrage Opportunity

Jun 25

Financial Position Analysis

Short Term Liabilities: SILA's short term assets ($98.6M) exceed its short term liabilities ($25.0M).

Long Term Liabilities: SILA's short term assets ($98.6M) do not cover its long term liabilities ($582.0M).


Debt to Equity History and Analysis

Debt Level: SILA's net debt to equity ratio (34.8%) is considered satisfactory.

Reducing Debt: SILA's debt to equity ratio has reduced from 92.7% to 37.3% over the past 5 years.

Debt Coverage: SILA's debt is well covered by operating cash flow (24.6%).

Interest Coverage: SILA's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


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