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Safehold (Safehold) Interest Coverage : N/A (As of Mar. 2023)


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What is Safehold Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Safehold's Operating Income for the three months ended in Mar. 2023 was $16.5 Mil. Safehold's Interest Expense for the three months ended in Mar. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Safehold's Interest Coverage or its related term are showing as below:


SAFE's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.985
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Safehold Interest Coverage Historical Data

The historical data trend for Safehold's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Safehold Interest Coverage Chart

Safehold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - N/A

Safehold Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 - N/A N/A N/A

Competitive Comparison of Safehold's Interest Coverage

For the REIT - Diversified subindustry, Safehold's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Safehold's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safehold's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Safehold's Interest Coverage falls into.



Safehold Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Safehold's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Safehold's Interest Expense was $0.0 Mil. Its Operating Income was $-126.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $344.6 Mil.

GuruFocus does not calculate Safehold's interest coverage with the available data.

Safehold's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Safehold's Interest Expense was $0.0 Mil. Its Operating Income was $16.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,885.9 Mil.

GuruFocus does not calculate Safehold's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Safehold  (NYSE:SAFE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Safehold Interest Coverage Related Terms

Thank you for viewing the detailed overview of Safehold's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Safehold (Safehold) Business Description

Traded in Other Exchanges
N/A
Address
1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.
Executives
Jay S Nydick officer: PRESIDENT 1114 AVENUE OF THE AMERICAS, 27TH FLR, NEW YORK NY 10036
Robin Josephs director
Jay Sugarman director, officer: Chairman and CEO 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Barry W Ridings director 21 LILAC LANE, PRINCETON NJ 08540
Gic Private Ltd director 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Istar Inc. 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Sfty Venture Llc director C/O GIC REAL ESTATE, INC., 280 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Gic Real Estate, Inc. director ONE BUSH STREET, SUITE 1000, SAN FRANCISCO CA 94104
Gic Real Estate Private Ltd director C/O GIC PRIVATE LIMITED, 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Jesse Hom director 168 ROBINSON ROAD, #37-01, CAPITAL TOWER, SINGAPORE U0 068912
Stefan M Selig director 2 EAST 70TH STREET, NEW YORK NY 10021
Star Holdings 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Brett Asnas officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum officer: Chief Accounting Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
David Eisenberg director C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036

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