SL Green Realty Balance Sheet Health
Financial Health criteria checks 1/6
SL Green Realty has a total shareholder equity of $4.1B and total debt of $3.9B, which brings its debt-to-equity ratio to 94.4%. Its total assets and total liabilities are $10.2B and $6.1B respectively. SL Green Realty's EBIT is $177.8M making its interest coverage ratio 1.2. It has cash and short-term investments of $205.2M.
Key information
94.4%
Debt to equity ratio
US$3.85b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$205.24m |
| Equity | US$4.08b |
| Total liabilities | US$6.14b |
| Total assets | US$10.22b |
Recent financial health updates
No updates
Recent updates
SL Green: Solid Q3 Results Reduce Melting Ice Cube Fears (Rating Upgrade)
Oct 17SL Green: Upside Now Relies On Sustained Execution (Rating Downgrade)
Sep 20SL Green Realty: Significantly Overvalued
Jul 27SL Green Realty: Still A Buy Despite Recent Run
Jul 09SL Green Realty Stock: 3 Key Takeaways From First Quarter Earnings
Apr 18So What If SL Green Cut Its Dividend Again
Feb 26SL Green: The Common Seems Better Than The Preferred
Jan 23SL Green: More Green Shoots, Still Many Questions
Jan 08SL Green: A Positive Investor Day Should Not Outweigh Long-Term Challenges
Dec 04Financial Position Analysis
Short Term Liabilities: SLG's short term assets ($1.4B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: SLG's short term assets ($1.4B) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SLG's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: SLG's debt to equity ratio has increased from 91% to 94.4% over the past 5 years.
Debt Coverage: SLG's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: SLG's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SL Green Realty Corp. is covered by 42 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| David Rodgers | Baird |
| Ross Smotrich | Barclays |