Lightstone Value Plus REIT V Balance Sheet Health
Financial Health criteria checks 1/6
Lightstone Value Plus REIT V has a total shareholder equity of $129.1M and total debt of $290.4M, which brings its debt-to-equity ratio to 224.9%. Its total assets and total liabilities are $427.8M and $298.6M respectively. Lightstone Value Plus REIT V's EBIT is $3.8M making its interest coverage ratio 0.3. It has cash and short-term investments of $55.8M.
Key information
224.9%
Debt to equity ratio
US$290.45m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$55.84m |
| Equity | US$129.15m |
| Total liabilities | US$298.61m |
| Total assets | US$427.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LVVP's short term assets ($68.9M) exceed its short term liabilities ($8.2M).
Long Term Liabilities: LVVP's short term assets ($68.9M) do not cover its long term liabilities ($290.4M).
Debt to Equity History and Analysis
Debt Level: LVVP's net debt to equity ratio (181.7%) is considered high.
Reducing Debt: LVVP's debt to equity ratio has increased from 88.3% to 224.9% over the past 5 years.
Debt Coverage: LVVP's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: LVVP's interest payments on its debt are not well covered by EBIT (0.3x coverage).