German High Street Properties Balance Sheet Health
Financial Health criteria checks 3/6
German High Street Properties has a total shareholder equity of €62.2M and total debt of €33.7M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are €102.4M and €40.1M respectively. German High Street Properties's EBIT is €1.8M making its interest coverage ratio 1.1. It has cash and short-term investments of €9.8M.
Key information
54.1%
Debt to equity ratio
€33.67m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €9.80m |
| Equity | €62.22m |
| Total liabilities | €40.14m |
| Total assets | €102.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GERHSP's short term assets (€11.5M) exceed its short term liabilities (€2.5M).
Long Term Liabilities: GERHSP's short term assets (€11.5M) do not cover its long term liabilities (€37.6M).
Debt to Equity History and Analysis
Debt Level: GERHSP's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: GERHSP's debt to equity ratio has reduced from 72.9% to 54.1% over the past 5 years.
Debt Coverage: GERHSP's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: GERHSP's interest payments on its debt are not well covered by EBIT (1.1x coverage).