Care Property Invest Balance Sheet Health
Financial Health criteria checks 2/6
Care Property Invest has a total shareholder equity of €638.1M and total debt of €559.2M, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are €1.2B and €581.8M respectively. Care Property Invest's EBIT is €52.6M making its interest coverage ratio 3.4. It has cash and short-term investments of €2.5M.
Key information
87.6%
Debt to equity ratio
€559.22m
Debt
| Interest coverage ratio | 3.4x |
| Cash | €2.50m |
| Equity | €638.14m |
| Total liabilities | €581.77m |
| Total assets | €1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CPINV's short term assets (€21.2M) do not cover its short term liabilities (€414.3M).
Long Term Liabilities: CPINV's short term assets (€21.2M) do not cover its long term liabilities (€167.5M).
Debt to Equity History and Analysis
Debt Level: CPINV's net debt to equity ratio (87.2%) is considered high.
Reducing Debt: CPINV's debt to equity ratio has reduced from 100.4% to 87.6% over the past 5 years.
Debt Coverage: CPINV's debt is not well covered by operating cash flow (7%).
Interest Coverage: CPINV's interest payments on its debt are well covered by EBIT (3.4x coverage).