Aedas Homes Balance Sheet Health
Financial Health criteria checks 3/6
Aedas Homes has a total shareholder equity of €937.0M and total debt of €703.1M, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are €2.2B and €1.2B respectively. Aedas Homes's EBIT is €165.3M making its interest coverage ratio 6.9. It has cash and short-term investments of €76.9M.
Key information
75.0%
Debt to equity ratio
€703.10m
Debt
Interest coverage ratio | 6.9x |
Cash | €76.90m |
Equity | €937.00m |
Total liabilities | €1.24b |
Total assets | €2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1QK's short term assets (€2.1B) exceed its short term liabilities (€923.4M).
Long Term Liabilities: 1QK's short term assets (€2.1B) exceed its long term liabilities (€321.1M).
Debt to Equity History and Analysis
Debt Level: 1QK's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: 1QK's debt to equity ratio has increased from 16.4% to 75% over the past 5 years.
Debt Coverage: 1QK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1QK's interest payments on its debt are well covered by EBIT (6.9x coverage).