Warehouses Estates Belgium S.C.A Balance Sheet Health
Financial Health criteria checks 1/6
Warehouses Estates Belgium S.C.A has a total shareholder equity of €176.2M and total debt of €157.6M, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are €340.2M and €164.1M respectively. Warehouses Estates Belgium S.C.A's EBIT is €19.3M making its interest coverage ratio 3.3. It has cash and short-term investments of €314.3K.
Key information
89.5%
Debt to equity ratio
€157.63m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €314.30k |
| Equity | €176.17m |
| Total liabilities | €164.08m |
| Total assets | €340.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPK's short term assets (€16.6M) do not cover its short term liabilities (€35.8M).
Long Term Liabilities: WPK's short term assets (€16.6M) do not cover its long term liabilities (€128.2M).
Debt to Equity History and Analysis
Debt Level: WPK's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: WPK's debt to equity ratio has increased from 70% to 89.5% over the past 5 years.
Debt Coverage: WPK's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: WPK's interest payments on its debt are well covered by EBIT (3.3x coverage).