Grounds Real Estate Development Balance Sheet Health
Financial Health criteria checks 1/6
Grounds Real Estate Development has a total shareholder equity of €24.8M and total debt of €99.9M, which brings its debt-to-equity ratio to 402.5%. Its total assets and total liabilities are €147.8M and €123.0M respectively.
Key information
402.5%
Debt to equity ratio
€99.95m
Debt
| Interest coverage ratio | n/a |
| Cash | €3.03m |
| Equity | €24.83m |
| Total liabilities | €122.98m |
| Total assets | €147.82m |
Recent financial health updates
Recent updates
The Grounds Real Estate Development AG (ETR:AMMN) Might Not Be As Mispriced As It Looks
Jan 30
A Look At The Fair Value Of The Grounds Real Estate Development AG (ETR:AMMN)
Oct 03A Look At The Fair Value Of The Grounds Real Estate Development AG (ETR:AMMN)
Feb 24We Think Grounds Real Estate Development (ETR:AMMN) Is Taking Some Risk With Its Debt
Oct 06The Grounds Real Estate Development AG (ETR:AMMN) Screens Well But There Might Be A Catch
Apr 07Returns On Capital Signal Tricky Times Ahead For Grounds Real Estate Development (ETR:AMMN)
Feb 02We Think Shareholders Should Be Aware Of Some Factors Beyond Grounds Real Estate Development's (ETR:AMMN) Profit
Jun 30Returns On Capital At Grounds Real Estate Development (ETR:AMMN) Paint An Interesting Picture
Feb 07
Financial Position Analysis
Short Term Liabilities: AMMN's short term assets (€104.4M) do not cover its short term liabilities (€106.5M).
Long Term Liabilities: AMMN's short term assets (€104.4M) exceed its long term liabilities (€16.5M).
Debt to Equity History and Analysis
Debt Level: AMMN's net debt to equity ratio (390.3%) is considered high.
Reducing Debt: AMMN's debt to equity ratio has increased from 270% to 402.5% over the past 5 years.
Debt Coverage: AMMN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AMMN's interest payments on its debt are well covered by EBIT.