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 27Does Swiss Prime Site (VTX:SPSN) Have A Healthy Balance Sheet?
Sep 17Here's Why Swiss Prime Site (VTX:SPSN) Has A Meaningful Debt Burden
Apr 13Swiss Prime Site (VTX:SPSN) Takes On Some Risk With Its Use Of Debt
Dec 20Is Swiss Prime Site (VTX:SPSN) A Risky Investment?
Sep 21Recent updates
Is 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 15Is Swiss Prime Site AG (VTX:SPSN) Trading At A 29% Discount?
Dec 15Does Swiss Prime Site (VTX:SPSN) Have A Healthy Balance Sheet?
Sep 17Estimating The Fair Value Of Swiss Prime Site AG (VTX:SPSN)
Aug 27Here's Why Swiss Prime Site (VTX:SPSN) Has A Meaningful Debt Burden
Apr 13We Think Shareholders May Want To Consider A Review Of Swiss Prime Site AG's (VTX:SPSN) CEO Compensation Package
Mar 15Swiss Prime Site (VTX:SPSN) Takes On Some Risk With Its Use Of Debt
Dec 20Is Swiss Prime Site (VTX:SPSN) A Risky Investment?
Sep 21Party Time: Brokers Just Made Major Increases To Their Swiss Prime Site AG (VTX:SPSN) Earnings Forecasts
Aug 31Is Swiss Prime Site (VTX:SPSN) Using Too Much Debt?
Jun 21Swiss Prime Site (VTX:SPSN) Is Reducing Its Dividend To CHF1.68
Feb 20Is Swiss Prime Site (VTX:SPSN) A Risky Investment?
Oct 05With EPS Growth And More, Swiss Prime Site (VTX:SPSN) Is Interesting
Aug 31Does Swiss Prime Site (VTX:SPSN) Have A Healthy Balance Sheet?
Apr 12Swiss Prime Site AG (VTX:SPSN) Stock Goes Ex-Dividend In Just Three Days
Mar 21Three Things You Should Check Before Buying Swiss Prime Site AG (VTX:SPSN) For Its Dividend
Mar 09Do Institutions Own Swiss Prime Site AG (VTX:SPSN) Shares?
Feb 18Swiss Prime Site's (VTX:SPSN) Stock Price Has Reduced 26% In The Past Year
Jan 26
Does Swiss Prime Site's (VTX:SPSN) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 09Declining Stock and Decent Financials: Is The Market Wrong About Swiss Prime Site AG (VTX:SPSN)?
Dec 22Here's Why Swiss Prime Site (VTX:SPSN) Can Manage Its Debt Responsibly
Dec 09How Much Does Swiss Prime Site's (VTX:SPSN) CEO Make?
Nov 25Financial 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).