Premia Real Estate Investment Company Societe Anonyme Balance Sheet Health
Financial Health criteria checks 2/6
Premia Real Estate Investment Company Societe Anonyme has a total shareholder equity of €162.7M and total debt of €208.4M, which brings its debt-to-equity ratio to 128.1%. Its total assets and total liabilities are €385.5M and €222.8M respectively. Premia Real Estate Investment Company Societe Anonyme's EBIT is €10.6M making its interest coverage ratio 1.6. It has cash and short-term investments of €29.8M.
Key information
128.1%
Debt to equity ratio
€208.44m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €29.82m |
| Equity | €162.74m |
| Total liabilities | €222.79m |
| Total assets | €385.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3FDA's short term assets (€39.4M) exceed its short term liabilities (€9.8M).
Long Term Liabilities: 3FDA's short term assets (€39.4M) do not cover its long term liabilities (€213.0M).
Debt to Equity History and Analysis
Debt Level: 3FDA's net debt to equity ratio (109.8%) is considered high.
Reducing Debt: 3FDA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 3FDA's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 3FDA's interest payments on its debt are not well covered by EBIT (1.6x coverage).