Vastned Belgium Balance Sheet Health
Financial Health criteria checks 4/6
Vastned Belgium has a total shareholder equity of €231.9M and total debt of €78.1M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are €315.9M and €84.0M respectively. Vastned Belgium's EBIT is €16.2M making its interest coverage ratio 4.4. It has cash and short-term investments of €899.0K.
Key information
33.7%
Debt to equity ratio
€78.12m
Debt
Interest coverage ratio | 4.4x |
Cash | €899.00k |
Equity | €231.89m |
Total liabilities | €84.01m |
Total assets | €315.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IJX's short term assets (€5.8M) exceed its short term liabilities (€5.2M).
Long Term Liabilities: IJX's short term assets (€5.8M) do not cover its long term liabilities (€78.8M).
Debt to Equity History and Analysis
Debt Level: IJX's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: IJX's debt to equity ratio has reduced from 38% to 33.7% over the past 5 years.
Debt Coverage: IJX's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: IJX's interest payments on its debt are well covered by EBIT (4.4x coverage).