Lightstone Value Plus REIT I Balance Sheet Health
Financial Health criteria checks 1/6
Lightstone Value Plus REIT I has a total shareholder equity of $166.5M and total debt of $266.4M, which brings its debt-to-equity ratio to 159.9%. Its total assets and total liabilities are $448.5M and $281.9M respectively. Lightstone Value Plus REIT I's EBIT is $5.9M making its interest coverage ratio 0.2. It has cash and short-term investments of $27.0M.
Key information
159.9%
Debt to equity ratio
US$266.36m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$27.02m |
| Equity | US$166.55m |
| Total liabilities | US$281.93m |
| Total assets | US$448.47m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LHTV's short term assets ($34.1M) exceed its short term liabilities ($18.6M).
Long Term Liabilities: LHTV's short term assets ($34.1M) do not cover its long term liabilities ($263.4M).
Debt to Equity History and Analysis
Debt Level: LHTV's net debt to equity ratio (143.7%) is considered high.
Reducing Debt: LHTV's debt to equity ratio has increased from 41.7% to 159.9% 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).