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 04SL Green: A Covered 10.2% Yield Being Reviewed, Huge 50% Discount To Book
Oct 27SL Green: NYC Office Landlord Survived The March Scare - What's Next
Sep 09SL Green: High Dividend And Margin Of Safety To Own A Piece Of NYC
Aug 24SL Green's Fat Yield Is Safe, Commons Trading For 61 Cents On The Dollar
Aug 07Financial 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).