Whitestone REIT Balance Sheet Health
Financial Health criteria checks 2/6
Whitestone REIT has a total shareholder equity of $425.0M and total debt of $634.2M, which brings its debt-to-equity ratio to 149.2%. Its total assets and total liabilities are $1.1B and $687.6M respectively. Whitestone REIT's EBIT is $46.6M making its interest coverage ratio 1.4. It has cash and short-term investments of $2.5M.
Key information
149.2%
Debt to equity ratio
US$634.23m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$2.53m |
| Equity | US$425.00m |
| Total liabilities | US$687.56m |
| Total assets | US$1.11b |
Recent financial health updates
No updates
Recent updates
Whitestone REIT: Weighing Potential Amid Risks
Nov 15Whitestone Buyout Offer Undervalues Its Assets
Oct 11Whitestone: Growth At A Great Price
Sep 09Whitestone REIT: Southwest's Growing Pains Will Be Retail Landlords' Growing Gains
Aug 30Whitestone REIT: Taking Profits Home And Downgrading To Hold
Aug 02Whitestone REIT: Monthly-Paying Growth REIT With A 3.7% Yield
Jul 08Whitestone REIT: Undersupplied Submarkets Portend Growth
Apr 22Whitestone REIT: A Concentrated REIT With A 4.4% Yield
Apr 15Whitestone REIT: 4.1% Dividend Yield, Recent Hike And Sunbelt Focus
Mar 09Whitestone REIT: Positioned To Benefit From Bidenomics
Dec 21Whitestone REIT: A More Clear Buy After Q3 Results
Nov 06Whitestone REIT: An Undervalued REIT With A 4.9% Yield
Sep 06Whitestone REIT: Q2 Results Confirm A Buy Thesis
Aug 03Whitestone REIT: Acceptable Yield And Upside Potential
Jul 17Whitestone REIT: Crisis Resistant Retail Trading 50 Cents On The Dollar
Jun 06Whitestone REIT: Weighing The Pros And Cons
Feb 08Real Estate At 50 Cents On The Dollar: The Case For Whitestone REIT
Jan 05Financial Position Analysis
Short Term Liabilities: WSR's short term assets ($88.3M) exceed its short term liabilities ($79.4M).
Long Term Liabilities: WSR's short term assets ($88.3M) do not cover its long term liabilities ($608.1M).
Debt to Equity History and Analysis
Debt Level: WSR's net debt to equity ratio (148.6%) is considered high.
Reducing Debt: WSR's debt to equity ratio has reduced from 189.1% to 149.2% over the past 5 years.
Debt Coverage: WSR's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: WSR's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:03 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Whitestone REIT is covered by 17 analysts. 6 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 |
|---|---|
| Gaurav Mehta | Alliance Global Partners |
| Richard Milligan | Baird |
| Paul Adornato | BMO Capital Markets Equity Research |