Gateway Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Gateway Real Estate has a total shareholder equity of €338.0M and total debt of €931.8M, which brings its debt-to-equity ratio to 275.7%. Its total assets and total liabilities are €1.5B and €1.2B respectively. Gateway Real Estate's EBIT is €58.1M making its interest coverage ratio 0.9. It has cash and short-term investments of €159.6M.
Key information
275.7%
Debt to equity ratio
€931.83m
Debt
Interest coverage ratio | 0.9x |
Cash | €159.55m |
Equity | €338.00m |
Total liabilities | €1.17b |
Total assets | €1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTY's short term assets (€1.2B) exceed its short term liabilities (€994.8M).
Long Term Liabilities: GTY's short term assets (€1.2B) exceed its long term liabilities (€178.0M).
Debt to Equity History and Analysis
Debt Level: GTY's net debt to equity ratio (228.5%) is considered high.
Reducing Debt: GTY's debt to equity ratio has reduced from 433.1% to 275.7% over the past 5 years.
Debt Coverage: GTY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GTY's interest payments on its debt are not well covered by EBIT (0.9x coverage).