Wereldhave Belgium Balance Sheet Health
Financial Health criteria checks 3/6
Wereldhave Belgium has a total shareholder equity of €719.8M and total debt of €265.5M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are €1.1B and €330.6M respectively. Wereldhave Belgium's EBIT is €51.7M making its interest coverage ratio 6. It has cash and short-term investments of €9.0M.
Key information
36.9%
Debt to equity ratio
€265.53m
Debt
| Interest coverage ratio | 6x |
| Cash | €9.00m |
| Equity | €719.76m |
| Total liabilities | €330.64m |
| Total assets | €1.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WEHB's short term assets (€34.5M) do not cover its short term liabilities (€157.0M).
Long Term Liabilities: WEHB's short term assets (€34.5M) do not cover its long term liabilities (€173.7M).
Debt to Equity History and Analysis
Debt Level: WEHB's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: WEHB's debt to equity ratio has reduced from 42.2% to 36.9% over the past 5 years.
Debt Coverage: WEHB's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: WEHB's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 22:11 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wereldhave Belgium is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amal Aboulkhouatem | Degroof Petercam |