Ble Kedros REIC Balance Sheet Health
Financial Health criteria checks 5/6
Ble Kedros REIC has a total shareholder equity of €114.0M and total debt of €1.5M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are €125.6M and €11.6M respectively. Ble Kedros REIC's EBIT is €5.6M making its interest coverage ratio 44.4. It has cash and short-term investments of €2.8M.
Key information
1.3%
Debt to equity ratio
€1.50m
Debt
| Interest coverage ratio | 44.4x |
| Cash | €2.79m |
| Equity | €114.02m |
| Total liabilities | €11.61m |
| Total assets | €125.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N67's short term assets (€4.6M) do not cover its short term liabilities (€9.2M).
Long Term Liabilities: N67's short term assets (€4.6M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: N67 has more cash than its total debt.
Reducing Debt: N67's debt to equity ratio has reduced from 5.1% to 1.3% over the past 5 years.
Debt Coverage: N67's debt is well covered by operating cash flow (222.7%).
Interest Coverage: N67's interest payments on its debt are well covered by EBIT (44.4x coverage).