Sila Realty Trust Balance Sheet Health
Financial Health criteria checks 5/6
Sila Realty Trust has a total shareholder equity of $1.5B and total debt of $523.6M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $2.1B and $605.1M respectively. Sila Realty Trust's EBIT is $71.8M making its interest coverage ratio 3.2. It has cash and short-term investments of $219.1M.
Key information
35.0%
Debt to equity ratio
US$523.61m
Debt
Interest coverage ratio | 3.2x |
Cash | US$219.08m |
Equity | US$1.49b |
Total liabilities | US$605.14m |
Total assets | US$2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVMC.A's short term assets ($279.0M) exceed its short term liabilities ($26.9M).
Long Term Liabilities: CVMC.A's short term assets ($279.0M) do not cover its long term liabilities ($578.3M).
Debt to Equity History and Analysis
Debt Level: CVMC.A's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: CVMC.A's debt to equity ratio has reduced from 78% to 35% over the past 5 years.
Debt Coverage: CVMC.A's debt is well covered by operating cash flow (24.6%).
Interest Coverage: CVMC.A's interest payments on its debt are well covered by EBIT (3.2x coverage).