Corem Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Corem Property Group has a total shareholder equity of SEK22.1B and total debt of SEK32.7B, which brings its debt-to-equity ratio to 148.4%. Its total assets and total liabilities are SEK63.5B and SEK41.5B respectively. Corem Property Group's EBIT is SEK1.3B making its interest coverage ratio 0.9. It has cash and short-term investments of SEK744.0M.
Key information
148.4%
Debt to equity ratio
kr32.72b
Debt
Interest coverage ratio | 0.9x |
Cash | kr744.00m |
Equity | kr22.06b |
Total liabilities | kr41.49b |
Total assets | kr63.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BJV0's short term assets (SEK2.1B) do not cover its short term liabilities (SEK17.5B).
Long Term Liabilities: BJV0's short term assets (SEK2.1B) do not cover its long term liabilities (SEK23.9B).
Debt to Equity History and Analysis
Debt Level: BJV0's net debt to equity ratio (145%) is considered high.
Reducing Debt: BJV0's debt to equity ratio has reduced from 173.9% to 148.4% over the past 5 years.
Debt Coverage: BJV0's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: BJV0's interest payments on its debt are not well covered by EBIT (0.9x coverage).