Care Property Invest Balance Sheet Health
Financial Health criteria checks 4/6
Care Property Invest has a total shareholder equity of €623.9M and total debt of €191.6M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are €1.2B and €607.0M respectively. Care Property Invest's EBIT is €57.3M making its interest coverage ratio 3.2. It has cash and short-term investments of €2.5M.
Key information
30.7%
Debt to equity ratio
€191.59m
Debt
| Interest coverage ratio | 3.2x |
| Cash | €2.53m |
| Equity | €623.85m |
| Total liabilities | €606.98m |
| Total assets | €1.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CPINV's short term assets (€20.5M) do not cover its short term liabilities (€411.7M).
Long Term Liabilities: CPINV's short term assets (€20.5M) do not cover its long term liabilities (€195.3M).
Debt to Equity History and Analysis
Debt Level: CPINV's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: CPINV's debt to equity ratio has reduced from 113.8% to 30.7% over the past 5 years.
Debt Coverage: CPINV's debt is well covered by operating cash flow (31.4%).
Interest Coverage: CPINV's interest payments on its debt are well covered by EBIT (3.2x coverage).