Deutsche Real Estate Balance Sheet Health
Financial Health criteria checks 4/6
Deutsche Real Estate has a total shareholder equity of €395.7M and total debt of €42.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are €511.3M and €115.6M respectively. Deutsche Real Estate's EBIT is €13.8M making its interest coverage ratio -16.6. It has cash and short-term investments of €64.3M.
Key information
10.6%
Debt to equity ratio
€42.04m
Debt
Interest coverage ratio | -16.6x |
Cash | €64.28m |
Equity | €395.69m |
Total liabilities | €115.57m |
Total assets | €511.26m |
Recent financial health updates
Deutsche Real Estate (FRA:DRE2) Has A Pretty Healthy Balance Sheet
Apr 12Does Deutsche Real Estate (FRA:DRE2) Have A Healthy Balance Sheet?
May 09Recent updates
Deutsche Real Estate (FRA:DRE2) Has A Pretty Healthy Balance Sheet
Apr 12Does Deutsche Real Estate (FRA:DRE2) Have A Healthy Balance Sheet?
May 09We're Not Counting On Deutsche Real Estate (FRA:DRE2) To Sustain Its Statutory Profitability
Feb 07What Type Of Shareholders Own The Most Number of Deutsche Real Estate AG (FRA:DRE2) Shares?
Dec 15Financial Position Analysis
Short Term Liabilities: DRE2's short term assets (€97.6M) exceed its short term liabilities (€4.6M).
Long Term Liabilities: DRE2's short term assets (€97.6M) do not cover its long term liabilities (€110.9M).
Debt to Equity History and Analysis
Debt Level: DRE2 has more cash than its total debt.
Reducing Debt: DRE2's debt to equity ratio has reduced from 58.6% to 10.6% over the past 5 years.
Debt Coverage: DRE2's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: DRE2 earns more interest than it pays, so coverage of interest payments is not a concern.