Safehold Inc. (SAFE)

Solvency & Capital Structure

Total Debt

$4.60B

Net Debt

$4.58B

Safehold Inc. currently has $4.60B in total debt. Net debt is $4.58B after cash offsets.

Financial Fundamentals

SAFE • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	4.60	0.02	4.58	7.38	62.3%
2025-12-31	4.49	0.02	4.47	7.25	62.0%
2025-09-30	4.42	0.02	4.41	7.15	61.8%
2025-06-30	4.35	0.02	4.33	7.06	61.6%
2025-03-31	4.25	0.02	4.23	6.93	61.3%
2024-12-31	4.23	0.02	4.21	6.90	61.3%
2024-09-30	4.21	0.02	4.18	6.81	61.7%
2024-06-30	4.10	0.02	4.08	6.77	60.6%
2024-03-31	4.06	0.02	4.04	6.67	60.8%
2023-12-31	3.97	0.03	3.94	6.55	60.6%
2023-09-30	3.95	0.01	3.94	6.44	61.4%
2023-06-30	4.00	0.01	3.99	6.42	62.3%
2023-03-31	3.92	0.02	3.90	6.29	62.3%
2022-12-31	3.53	0.02	3.51	5.85	60.3%
2022-09-30	3.46	0.04	3.43	5.79	59.8%
2022-06-30	3.28	0.03	3.25	5.54	59.2%
2022-03-31	2.92	0.03	2.89	5.19	56.3%
2021-12-31	2.70	0.03	2.67	4.52	59.9%
2021-09-30	2.03	0.04	1.99	3.82	53.2%
2021-06-30	1.90	0.03	1.87	3.44	55.4%
2021-03-31	1.73	0.03	1.71	3.25	53.2%
2020-12-31	1.69	0.06	1.63	3.21	52.7%
2020-09-30	1.48	0.07	1.41	2.85	51.8%
2020-06-30	1.47	0.10	1.37	2.83	51.8%
2020-03-31	1.55	0.26	1.29	2.90	53.4%
2019-12-31	1.38	0.02	1.36	2.57	53.7%
2019-09-30	0.70	0.01	0.68	1.64	42.6%
2019-06-30	0.55	0.07	0.48	1.23	44.7%
2019-03-31	0.44	0.01	0.43	1.13	39.3%
2018-12-31	0.54	0.02	0.53	0.98	55.5%
2018-09-30	0.37	0.02	0.35	0.81	45.9%
2018-06-30	0.31	0.04	0.27	0.74	41.5%
2018-03-31	0.31	0.08	0.22	0.74	41.7%
2017-12-31	3.58	0.66	2.92	4.73	75.6%
2017-09-30	0.23	0.09	0.14	0.65	35.0%
2017-06-30	0.23	0.11	0.12	0.65	35.0%
2017-03-31	3.96	0.90	3.07	5.29	74.9%
2016-12-31	3.55	0.33	3.22	0.16	2280.0%
2016-09-30	3.86	0.55	3.31	5.24	73.6%
2016-06-30	3.96	0.52	3.44	5.21	76.0%
2016-03-31	4.26	0.59	3.67	5.49	77.7%
2015-12-31	4.30	0.71	3.58	5.62	76.4%
2015-09-30	4.29	0.66	3.64	5.64	76.1%
2015-06-30	4.29	0.64	3.66	5.67	75.7%
2015-03-31	4.26	0.63	3.64	5.65	75.4%
2014-12-31	4.02	0.47	3.55	5.45	73.8%
2014-09-30	4.05	0.65	3.39	5.48	73.8%
2014-06-30	4.08	0.36	3.73	5.47	74.6%
2014-03-31	4.10	0.41	3.69	5.49	74.7%
2013-12-31	4.16	0.51	3.64	5.64	73.7%
2013-09-30	4.25	0.74	3.52	5.77	73.7%
2013-06-30	4.40	0.72	3.69	5.95	74.0%
2013-03-31	4.49	0.47	4.03	6.08	74.0%
2012-12-31	4.69	0.26	4.44	6.15	76.3%
2012-09-30	5.39	0.28	5.10	6.94	77.6%
2012-06-30	5.60	0.24	5.36	7.19	78.0%
2012-03-31	5.97	0.13	5.84	7.59	78.6%
2011-12-31	5.84	0.36	5.48	7.52	77.6%
2011-09-30	6.00	0.22	5.78	7.75	77.3%
2011-06-30	6.39	0.39	6.00	8.29	77.1%
2011-03-31	6.94	0.32	6.62	8.89	78.1%
2010-12-31	7.35	0.50	6.84	9.17	80.1%
2010-09-30	8.52	1.12	7.40	10.46	81.4%
2010-06-30	8.62	0.53	8.09	10.65	80.9%
2010-03-31	10.47	0.64	9.83	12.36	84.7%
2009-12-31	10.89	0.22	10.67	12.81	85.0%
2009-09-30	11.31	0.19	11.12	13.40	84.4%
2009-06-30	11.83	0.42	11.41	14.12	83.8%
2009-03-31	12.17	0.54	11.63	14.80	82.2%
2008-12-31	12.52	0.50	12.02	15.30	81.8%
2008-09-30	13.06	0.78	12.28	15.92	82.0%
2008-06-30	12.24	0.23	12.01	15.62	78.4%
2008-03-31	12.57	0.12	12.45	16.11	78.0%
2007-12-31	12.40	0.10	12.30	15.85	78.2%
2007-09-30	11.75	0.10	11.65	15.30	76.8%
2007-06-30	8.99	0.09	8.90	12.32	72.9%
2007-03-31	8.82	0.13	8.69	12.11	72.9%
2006-12-31	7.83	0.11	7.73	11.06	70.8%
2006-09-30	7.52	0.18	7.34	10.31	72.9%
2006-06-30	6.47	0.08	6.39	9.25	70.0%
2006-03-31	6.12	0.07	6.05	8.86	69.1%
2005-12-31	5.86	0.12	5.74	8.53	68.7%
2005-09-30	5.24	0.11	5.13	7.96	65.8%
2005-06-30	5.64	0.12	5.52	8.36	67.4%
2005-03-31	5.32	0.27	5.05	8.00	66.5%
2004-12-31	4.61	0.09	4.52	7.22	63.8%
2004-09-30	4.67	0.10	4.57	7.32	63.8%
2004-06-30	4.94	0.10	4.85	7.61	65.0%
2004-03-31	4.63	0.09	4.54	7.30	63.4%
2003-12-31	4.11	0.08	4.03	6.66	61.8%
2003-09-30	4.11	0.02	4.09	6.51	63.2%
2003-06-30	3.84	0.06	3.79	6.13	62.7%
2003-03-31	3.66	0.01	3.64	5.87	62.2%
2002-12-31	3.46	0.02	3.45	5.61	61.7%
2002-09-30	3.39	0.02	3.37	5.37	63.1%
2002-06-30	3.27	0.02	3.25	5.27	62.1%
2002-03-31	2.69	0.01	2.68	4.64	57.9%
2001-12-31	2.50	0.02	2.48	4.38	57.0%
2001-09-30	2.29	0.02	2.28	4.20	54.6%
2001-06-30	2.15	0.03	2.13	4.05	53.1%
2001-03-31	2.12	0.02	2.10	4.01	52.8%
2000-12-31	2.13	0.02	2.11	4.03	52.8%
2000-09-30	2.17	0.05	2.12	4.07	53.3%
2000-06-30	2.14	0.03	2.11	4.04	52.9%
2000-03-31	1.99	0.04	1.95	3.90	51.0%
1999-12-31	1.90	0.03	1.87	3.81	49.9%
1999-09-30	1.10	0.01	1.08	2.11	52.0%
1999-06-30	1.16	0.02	1.14	2.17	53.5%
1999-03-31	1.17	0.02	1.15	2.18	53.8%
1998-12-31	1.06	0.01	1.05	2.06	51.3%
1998-09-30	1.01	0.01	1.01	1.80	56.5%
1998-06-30	0.54	0.01	0.53	1.31	40.9%
1998-03-31	0.39	0.04	0.34	1.14	33.9%
1997-12-31	0.00	0.00	-0.00Net Cash	0.01	0.0%
1997-09-30	0.00	0.00	-0.00Net Cash	0.01	0.0%
1997-06-30	0.00	0.01	-0.01Net Cash	0.01	0.0%
1997-03-31	0.00	0.00	-0.00Net Cash	0.01	0.0%
1996-12-31	0.00	0.00	-0.00Net Cash	0.01	0.0%
1996-09-30	0.00	0.00	-0.00Net Cash	0.01	0.0%
1996-06-30	0.00	0.00	-0.00Net Cash	0.00	0.0%