Vornado Realty Trust Balance Sheet Health
Financial Health criteria checks 2/6
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 131%. Its total assets and total liabilities are $16.2B and $9.8B respectively. Vornado Realty Trust's EBIT is $381.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $1.1B.
Key information
131.0%
Debt to equity ratio
US$8.31b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$1.14b |
| Equity | US$6.34b |
| Total liabilities | US$9.84b |
| Total assets | US$16.19b |
Recent financial health updates
No updates
Recent updates
Vornado Realty: I'm Still Buying The Preferreds
Apr 01Vornado Realty: I Backed Up The Truck Ahead Of Earnings
Jan 21Vornado: Valuation Normalized (Downgrade To Hold)
Jan 13Vornado: Q3 Results Point To A Steady Decline, Leaving Shares Unappealing
Oct 31New York Office Risks Remain, But Vornado Is Appropriately Discounted
Oct 11Vornado Realty's 8.7% Yielding Preferreds For 60 Cents On The Dollar
Sep 01Vornado: Exceptional Results Vs. The Exceptional Debt Load
Aug 01Vornado Realty Has Steam Heading Into Earnings After The SL Green News
Jul 10Vornado: Landmark Transaction May Re-Rate Office REITs Higher
Jun 27Vornado Realty Is Besieged On All Sides
May 30Vornado Realty Trust Q4 Earnings Preview
Feb 12Vornado Realty Trust expects $600M non-cash impairment charges in Q4
Jan 31Vornado Realty: Avoid The Dividend Cut With The 8.6% Preferreds
Dec 28Vornado: Expect A Dividend Cut
Dec 12Vornado: Upside Could Offset Any Correction In The Dividend Payout
Nov 04Vornado Realty Trust's Balance Sheet Adds To Office Woes
Oct 25You Say Vornado, I Say Vornado
Aug 31Vornado Realty Trust: Deal-Making Opportunities Are Brewing
Aug 03Vornado Realty Trust declares $0.53 dividend
Jul 28Vornado Realty Trust completes sale of a New York office building for $172.8M
Jul 05Vornado Realty Trust: Over 6% Dividend Yield On Premier NYC Properties
May 24Vornado Realty Trust: The 5.7-5.8% Yielding Preferred Shares Are Attractive
Mar 28Vornado Realty: Yes, You Can Buy High Quality At A Discount
Dec 29Increases to Vornado Realty Trust's (NYSE:VNO) CEO Compensation Might Cool off for now
May 14
Vornado Realty Trust Q1 Earnings Preview
Apr 30Vornado Realty Trust declares $0.53 dividend
Apr 28Who Has Been Buying Vornado Realty Trust (NYSE:VNO) Shares?
Mar 02Vornado Realty Q4 FFO will include gain from condo sales
Jan 29Financial Position Analysis
Short Term Liabilities: VNO's short term assets ($2.2B) exceed its short term liabilities ($638.7M).
Long Term Liabilities: VNO's short term assets ($2.2B) do not cover its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: VNO's net debt to equity ratio (113.1%) is considered high.
Reducing Debt: VNO's debt to equity ratio has reduced from 168.1% to 131% over the past 5 years.
Debt Coverage: VNO's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: VNO's interest payments on its debt are not well covered by EBIT (1.2x coverage).