Empire State Realty OP Balance Sheet Health
Financial Health criteria checks 1/6
Empire State Realty OP has a total shareholder equity of $1.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 129.8%. Its total assets and total liabilities are $4.2B and $2.5B respectively. Empire State Realty OP's EBIT is $160.3M making its interest coverage ratio 1.9. It has cash and short-term investments of $350.3M.
Key information
129.8%
Debt to equity ratio
US$2.24b
Debt
Interest coverage ratio | 1.9x |
Cash | US$350.30m |
Equity | US$1.72b |
Total liabilities | US$2.47b |
Total assets | US$4.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESBA's short term assets ($699.4M) exceed its short term liabilities ($117.6M).
Long Term Liabilities: ESBA's short term assets ($699.4M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: ESBA's net debt to equity ratio (109.5%) is considered high.
Reducing Debt: ESBA's debt to equity ratio has increased from 98.1% to 129.8% over the past 5 years.
Debt Coverage: ESBA's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: ESBA's interest payments on its debt are not well covered by EBIT (1.9x coverage).