Terreno Realty Balance Sheet Health
Financial Health criteria checks 5/6
Terreno Realty has a total shareholder equity of $2.9B and total debt of $771.6M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are $3.9B and $990.1M respectively. Terreno Realty's EBIT is $133.4M making its interest coverage ratio 6.7. It has cash and short-term investments of $165.4M.
Key information
26.5%
Debt to equity ratio
US$771.56m
Debt
Interest coverage ratio | 6.7x |
Cash | US$165.40m |
Equity | US$2.91b |
Total liabilities | US$990.05m |
Total assets | US$3.90b |
Recent financial health updates
No updates
Recent updates
Terreno Realty: Too Much Focus On Growth Vs. Growth Per Share
Apr 21Terreno Realty: Attractive Financials But Overvalued (Rating Downgrade)
Mar 07Terreno Realty: Quality Is Expensive
Dec 18Terreno Realty: Buy The Dip On This Top Industrial Player
Oct 03Terreno Realty: Great Company At A Hefty Price
Jul 17Here's Why Terreno Realty (NYSE:TRNO) Has Caught The Eye Of Investors
Feb 27Terreno Realty acquires property for $173.6M
Feb 24Huge AFFO Growth Poised To Continue At Terreno
Feb 15Terreno Realty stock falls 3% after hours on 5M share offering
Feb 09Terreno Realty reports $59.4M acquisitions in Q4, 98.6% occupancy
Jan 09Terreno Realty sells industrial property in New Jersey for $24.3M
Jan 03Terreno Realty signs lease renewal in Commerce, California
Dec 19Terreno Realty buys California industrial property for ~$17M
Nov 02Terreno Realty acquires Miami industrial property for $4.7M
Oct 25Red Hot Fundamentals At Terreno
Oct 14Is Now The Time To Put Terreno Realty (NYSE:TRNO) On Your Watchlist?
Sep 14Terreno Realty Corporation acquires property in Anaheim, CA for $7.3M
Sep 07Terreno Realty: An Industrial REIT That Is Worth The Premium Valuation
Aug 11Terreno Realty buys California industrial property for ~$6.5M
Aug 03Wall Street Failed Terreno Realty
Jul 13Terreno Realty increases unsecured credit facility capacity by $150M
Jun 30Financial Position Analysis
Short Term Liabilities: TRNO's short term assets ($221.1M) exceed its short term liabilities ($197.9M).
Long Term Liabilities: TRNO's short term assets ($221.1M) do not cover its long term liabilities ($792.2M).
Debt to Equity History and Analysis
Debt Level: TRNO's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: TRNO's debt to equity ratio has reduced from 37% to 26.5% over the past 5 years.
Debt Coverage: TRNO's debt is well covered by operating cash flow (23.3%).
Interest Coverage: TRNO's interest payments on its debt are well covered by EBIT (6.7x coverage).