Warehouses Estates Belgium S.C.A Balance Sheet Health
Financial Health criteria checks 1/6
Warehouses Estates Belgium S.C.A has a total shareholder equity of €167.5M and total debt of €152.1M, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are €322.4M and €154.9M respectively. Warehouses Estates Belgium S.C.A's EBIT is €18.2M making its interest coverage ratio 4.1. It has cash and short-term investments of €2.6M.
Key information
90.8%
Debt to equity ratio
€152.15m
Debt
Interest coverage ratio | 4.1x |
Cash | €2.63m |
Equity | €167.51m |
Total liabilities | €154.94m |
Total assets | €322.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WEB's short term assets (€15.4M) do not cover its short term liabilities (€30.5M).
Long Term Liabilities: WEB's short term assets (€15.4M) do not cover its long term liabilities (€124.5M).
Debt to Equity History and Analysis
Debt Level: WEB's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: WEB's debt to equity ratio has increased from 67.5% to 90.8% over the past 5 years.
Debt Coverage: WEB's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: WEB's interest payments on its debt are well covered by EBIT (4.1x coverage).