Lightstone Value Plus REIT I Balance Sheet Health
Financial Health criteria checks 0/6
Lightstone Value Plus REIT I has a total shareholder equity of $198.4M and total debt of $259.7M, which brings its debt-to-equity ratio to 130.9%. Its total assets and total liabilities are $473.1M and $274.7M respectively. Lightstone Value Plus REIT I's EBIT is $4.3M making its interest coverage ratio 0.2. It has cash and short-term investments of $10.6M.
Key information
130.9%
Debt to equity ratio
US$259.70m
Debt
Interest coverage ratio | 0.2x |
Cash | US$10.61m |
Equity | US$198.40m |
Total liabilities | US$274.75m |
Total assets | US$473.15m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LHTV's short term assets ($18.4M) do not cover its short term liabilities ($143.2M).
Long Term Liabilities: LHTV's short term assets ($18.4M) do not cover its long term liabilities ($131.5M).
Debt to Equity History and Analysis
Debt Level: LHTV's net debt to equity ratio (125.5%) is considered high.
Reducing Debt: LHTV's debt to equity ratio has increased from 39.7% to 130.9% over the past 5 years.
Debt Coverage: LHTV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LHTV's interest payments on its debt are not well covered by EBIT (0.2x coverage).