GORE German Office Real Estate Balance Sheet Health
Financial Health criteria checks 1/6
GORE German Office Real Estate has a total shareholder equity of €19.3M and total debt of €17.6M, which brings its debt-to-equity ratio to 91.2%. Its total assets and total liabilities are €37.6M and €18.3M respectively.
Key information
91.2%
Debt to equity ratio
€17.60m
Debt
Interest coverage ratio | n/a |
Cash | €7.10k |
Equity | €19.31m |
Total liabilities | €18.34m |
Total assets | €37.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAG's short term assets (€628.3K) do not cover its short term liabilities (€18.3M).
Long Term Liabilities: GAG's short term assets (€628.3K) exceed its long term liabilities (€6.2K).
Debt to Equity History and Analysis
Debt Level: GAG's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: GAG's debt to equity ratio has increased from 0% to 91.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GAG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GAG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.