SITE Centers Balance Sheet Health
Financial Health criteria checks 5/6
SITE Centers has a total shareholder equity of $2.7B and total debt of $300.8M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are $3.1B and $475.2M respectively. SITE Centers's EBIT is $96.2M making its interest coverage ratio 2.4. It has cash and short-term investments of $1.1B.
Key information
11.3%
Debt to equity ratio
US$300.84m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$1.06b |
| Equity | US$2.65b |
| Total liabilities | US$475.17m |
| Total assets | US$3.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITC.PRA's short term assets ($1.1B) exceed its short term liabilities ($2.8M).
Long Term Liabilities: SITC.PRA's short term assets ($1.1B) exceed its long term liabilities ($472.4M).
Debt to Equity History and Analysis
Debt Level: SITC.PRA has more cash than its total debt.
Reducing Debt: SITC.PRA's debt to equity ratio has reduced from 91.3% to 11.3% over the past 5 years.
Debt Coverage: SITC.PRA's debt is well covered by operating cash flow (72.5%).
Interest Coverage: SITC.PRA's interest payments on its debt are not well covered by EBIT (2.4x coverage).