Cofinimmo Balance Sheet Health
Financial Health criteria checks 2/6
Cofinimmo has a total shareholder equity of €3.7B and total debt of €2.7B, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are €6.7B and €2.9B respectively. Cofinimmo's EBIT is €275.4M making its interest coverage ratio 4.9. It has cash and short-term investments of €28.3M.
Key information
72.2%
Debt to equity ratio
€2.69b
Debt
Interest coverage ratio | 4.9x |
Cash | €28.32m |
Equity | €3.72b |
Total liabilities | €2.94b |
Total assets | €6.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COFB's short term assets (€182.0M) do not cover its short term liabilities (€1.0B).
Long Term Liabilities: COFB's short term assets (€182.0M) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: COFB's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: COFB's debt to equity ratio has reduced from 75.9% to 72.2% over the past 5 years.
Debt Coverage: COFB's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: COFB's interest payments on its debt are well covered by EBIT (4.9x coverage).