GIEAG Immobilien Balance Sheet Health
Financial Health criteria checks 3/6
GIEAG Immobilien has a total shareholder equity of €68.2M and total debt of €262.4M, which brings its debt-to-equity ratio to 385%. Its total assets and total liabilities are €368.3M and €300.1M respectively. GIEAG Immobilien's EBIT is €10.6M making its interest coverage ratio 1.3. It has cash and short-term investments of €32.0M.
Key information
385.0%
Debt to equity ratio
€262.44m
Debt
Interest coverage ratio | 1.3x |
Cash | €31.95m |
Equity | €68.16m |
Total liabilities | €300.14m |
Total assets | €368.30m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2GI's short term assets (€287.6M) exceed its short term liabilities (€204.6M).
Long Term Liabilities: 2GI's short term assets (€287.6M) exceed its long term liabilities (€95.5M).
Debt to Equity History and Analysis
Debt Level: 2GI's net debt to equity ratio (338.1%) is considered high.
Reducing Debt: 2GI's debt to equity ratio has reduced from 385.2% to 385% over the past 5 years.
Debt Coverage: 2GI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2GI's interest payments on its debt are not well covered by EBIT (1.3x coverage).