Palatium Real Estate Balance Sheet Health
Financial Health criteria checks 4/6
Palatium Real Estate has a total shareholder equity of €1.4M and total debt of €180.4K, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are €1.7M and €275.0K respectively. Palatium Real Estate's EBIT is €13.0K making its interest coverage ratio 3.3. It has cash and short-term investments of €1.2M.
Key information
12.9%
Debt to equity ratio
€180.41k
Debt
| Interest coverage ratio | 3.3x |
| Cash | €1.19m |
| Equity | €1.40m |
| Total liabilities | n/a |
| Total assets | €1.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Insufficient data to determine if VVX's short term assets cover its short term liabilities.
Long Term Liabilities: VVX's short term assets (€1.4M) exceed its long term liabilities (€275.0K).
Debt to Equity History and Analysis
Debt Level: VVX has more cash than its total debt.
Reducing Debt: VVX's debt to equity ratio has reduced from 21.5% to 12.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if VVX's debt is well covered by operating cash flow.
Interest Coverage: VVX's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/02 09:54 |
| End of Day Share Price | 2023/12/15 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Palatium Real Estate AG is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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