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
No updates
Financial Position Analysis
Short Term Liabilities: Insufficient data to determine if VVX1's short term assets cover its short term liabilities.
Long Term Liabilities: VVX1's short term assets (€1.4M) exceed its long term liabilities (€275.0K).
Debt to Equity History and Analysis
Debt Level: VVX1 has more cash than its total debt.
Reducing Debt: VVX1'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 VVX1's debt is well covered by operating cash flow.
Interest Coverage: VVX1's interest payments on its debt are well covered by EBIT (3.3x coverage).