Care Property Invest Balance Sheet Health
Financial Health criteria checks 4/6
Care Property Invest has a total shareholder equity of €638.1M and total debt of €162.4M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are €1.2B and €581.8M respectively. Care Property Invest's EBIT is €52.6M making its interest coverage ratio 3.4. It has cash and short-term investments of €2.5M.
Key information
25.5%
Debt to equity ratio
€162.41m
Debt
Interest coverage ratio | 3.4x |
Cash | €2.50m |
Equity | €638.14m |
Total liabilities | €581.77m |
Total assets | €1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8OM's short term assets (€21.2M) do not cover its short term liabilities (€414.3M).
Long Term Liabilities: 8OM's short term assets (€21.2M) do not cover its long term liabilities (€167.5M).
Debt to Equity History and Analysis
Debt Level: 8OM's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 8OM's debt to equity ratio has reduced from 100.4% to 25.5% over the past 5 years.
Debt Coverage: 8OM's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 8OM's interest payments on its debt are well covered by EBIT (3.4x coverage).