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).