Swiss Prime Site Balance Sheet Health
Financial Health criteria checks 2/6
Swiss Prime Site has a total shareholder equity of CHF6.5B and total debt of CHF5.7B, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are CHF14.0B and CHF7.5B respectively. Swiss Prime Site's EBIT is CHF409.5M making its interest coverage ratio 6.9. It has cash and short-term investments of CHF18.9M.
Key information
87.6%
Debt to equity ratio
CHF 5.68b
Debt
| Interest coverage ratio | 6.9x |
| Cash | CHF 18.93m |
| Equity | CHF 6.49b |
| Total liabilities | CHF 7.49b |
| Total assets | CHF 13.98b |
Recent financial health updates
Is Swiss Prime Site (VTX:SPSN) Using Too Much Debt?
Nov 04
Is Swiss Prime Site (VTX:SPSN) Using Too Much Debt?
May 27Recent updates
Market Participants Recognise Swiss Prime Site AG's (VTX:SPSN) Earnings
Dec 16Is Swiss Prime Site (VTX:SPSN) Using Too Much Debt?
Nov 04With Swiss Prime Site AG (VTX:SPSN) It Looks Like You'll Get What You Pay For
Aug 28Is Swiss Prime Site (VTX:SPSN) Using Too Much Debt?
May 27Swiss Prime Site AG (VTX:SPSN) Analysts Just Trimmed Their Revenue Forecasts By 11%
Feb 20Some May Be Optimistic About Swiss Prime Site's (VTX:SPSN) Earnings
Feb 15Financial Position Analysis
Short Term Liabilities: SPSN's short term assets (CHF295.5M) do not cover its short term liabilities (CHF1.3B).
Long Term Liabilities: SPSN's short term assets (CHF295.5M) do not cover its long term liabilities (CHF6.2B).
Debt to Equity History and Analysis
Debt Level: SPSN's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: SPSN's debt to equity ratio has reduced from 102.4% to 87.6% over the past 5 years.
Debt Coverage: SPSN's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: SPSN's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:26 |
| End of Day Share Price | 2024/12/23 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
Swiss Prime Site AG is covered by 15 analysts. 5 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 |
|---|---|
| Ruud Van Maanen | ABN AMRO Bank N.V. |
| Christian Obst | Baader Helvea Equity Research |
| Volker Bosse | Baader Helvea Equity Research |