Retail Estates Balance Sheet Health
Financial Health criteria checks 2/6
Retail Estates has a total shareholder equity of €1.2B and total debt of €915.4M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are €2.1B and €962.8M respectively. Retail Estates's EBIT is €115.8M making its interest coverage ratio 5.3. It has cash and short-term investments of €2.9M.
Key information
78.7%
Debt to equity ratio
€915.42m
Debt
| Interest coverage ratio | 5.3x |
| Cash | €2.89m |
| Equity | €1.16b |
| Total liabilities | €962.79m |
| Total assets | €2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R6N's short term assets (€33.7M) do not cover its short term liabilities (€99.5M).
Long Term Liabilities: R6N's short term assets (€33.7M) do not cover its long term liabilities (€863.3M).
Debt to Equity History and Analysis
Debt Level: R6N's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: R6N's debt to equity ratio has reduced from 115.1% to 78.7% over the past 5 years.
Debt Coverage: R6N's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: R6N's interest payments on its debt are well covered by EBIT (5.3x coverage).