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  "documentTitle": "Netstreit | Investor Presentation Deck | 41 slides",
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  "presentationDate": "2023-07-01 00:00:00",
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      "text": "NETSTREIT",
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      "text": "(unaudited, dollars in thousands)",
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      "text": "1. Total proforma liquidity includes the addition of the $250.0 million senior unsecured term loan that closed on July 3, 2023.\n2. Value is based on the June 30, 2023 closing share price of $17.87 per share.",
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      "text": "Liquidity\nUnused unsecured revolver capacity\nCash, cash equivalents and restricted cash\nTotal Liquidity\nTotal Proforma Liquidity (1)\nAs of June 30, 2023\n$ 294,000\n13,140\n$ 307,140\n$ 557,140",
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      "text": "Net Debt\nPrincipal amount of total debt\nLess: Cash, cash equivalents and restricted cash\nNet debt\nNet debt / Annualized Adjusted EBITDAre\nJune 30, 2023\n$ 489,472\n(13,140)\n$ 476,332\n4.6x",
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      "text": "Key Debt Covenant Information\nConsolidated total leverage ratio\nFixed charge coverage ratio\nMaximum secured indebtedness\nMaximum recourse indebtedness\nUnencumbered leverage ratio\nUnencumbered interest coverage ratio\nRequired\n≤ 60.0%\n≥ 1.50x\n≤ 40.0%\n≤ 10.0%\n≤ 60.0%\n≥ 1.75x\nActual\n28.0%\n5.18x\n0.5%\n—%\n30.2%\n6.00x",
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      "text": "Enterprise Value\nPrincipal amount of total debt\nEquity market capitalization(2)\nTotal enterprise value\nAs of June 30, 2023\n$ 489,472\n1,206,214\n$ 1,695,686\n% of Total\n28.9%\n71.1%\n100.0%",
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      "text": "Equity\nCommon shares (2)\nOP units (2)\nTotal\nEnding Shares/ Units\nas of June 30, 2023\n66,991,597\n507,773\n67,499,370\nEquity Market\nCapitalization\n$ 1,197,140\n9,074\n$ 1,206,214\n% of Total\n99.2%\n0.8%\n100.0%",
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