Wereldhave Belgium Balance Sheet Health
Financial Health criteria checks 3/6
Wereldhave Belgium has a total shareholder equity of €693.7M and total debt of €247.0M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are €1.0B and €321.2M respectively. Wereldhave Belgium's EBIT is €49.8M making its interest coverage ratio 6.4. It has cash and short-term investments of €18.9M.
Key information
35.6%
Debt to equity ratio
€247.03m
Debt
Interest coverage ratio | 6.4x |
Cash | €18.93m |
Equity | €693.70m |
Total liabilities | €321.17m |
Total assets | €1.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WEHB's short term assets (€45.7M) do not cover its short term liabilities (€75.6M).
Long Term Liabilities: WEHB's short term assets (€45.7M) do not cover its long term liabilities (€245.6M).
Debt to Equity History and Analysis
Debt Level: WEHB's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: WEHB's debt to equity ratio has reduced from 42.1% to 35.6% over the past 5 years.
Debt Coverage: WEHB's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: WEHB's interest payments on its debt are well covered by EBIT (6.4x coverage).