Vornado Realty Trust Balance Sheet Health
Financial Health criteria checks 1/6
Vornado Realty Trust has a total shareholder equity of $6.3B and total debt of $8.3B, which brings its debt-to-equity ratio to 132.5%. Its total assets and total liabilities are $16.1B and $9.8B respectively. Vornado Realty Trust's EBIT is $356.9M making its interest coverage ratio 1.2. It has cash and short-term investments of $840.8M.
Key information
132.5%
Debt to equity ratio
US$8.30b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$840.76m |
| Equity | US$6.27b |
| Total liabilities | US$9.82b |
| Total assets | US$16.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNO.PRM's short term assets ($1.9B) exceed its short term liabilities ($375.6M).
Long Term Liabilities: VNO.PRM's short term assets ($1.9B) do not cover its long term liabilities ($9.4B).
Debt to Equity History and Analysis
Debt Level: VNO.PRM's net debt to equity ratio (119.1%) is considered high.
Reducing Debt: VNO.PRM's debt to equity ratio has increased from 88.6% to 132.5% over the past 5 years.
Debt Coverage: VNO.PRM's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: VNO.PRM's interest payments on its debt are not well covered by EBIT (1.2x coverage).