SITE Centers Balance Sheet Health
Financial Health criteria checks 2/6
SITE Centers has a total shareholder equity of $2.2B and total debt of $1.6B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are $4.1B and $1.9B respectively. SITE Centers's EBIT is $126.8M making its interest coverage ratio 1.6. It has cash and short-term investments of $552.0M.
Key information
74.8%
Debt to equity ratio
US$1.63b
Debt
Interest coverage ratio | 1.6x |
Cash | US$551.97m |
Equity | US$2.18b |
Total liabilities | US$1.89b |
Total assets | US$4.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITC.PRA's short term assets ($667.2M) exceed its short term liabilities ($180.8M).
Long Term Liabilities: SITC.PRA's short term assets ($667.2M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: SITC.PRA's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: SITC.PRA's debt to equity ratio has reduced from 90.9% to 74.8% over the past 5 years.
Debt Coverage: SITC.PRA's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: SITC.PRA's interest payments on its debt are not well covered by EBIT (1.6x coverage).