German High Street Properties Balance Sheet Health
Financial Health criteria checks 2/6
German High Street Properties has a total shareholder equity of €57.7M and total debt of €37.7M, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are €102.1M and €44.4M respectively. German High Street Properties's EBIT is €1.6M making its interest coverage ratio 1.2. It has cash and short-term investments of €2.6M.
Key information
65.3%
Debt to equity ratio
€37.66m
Debt
Interest coverage ratio | 1.2x |
Cash | €2.65m |
Equity | €57.71m |
Total liabilities | €44.41m |
Total assets | €102.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GERHSP's short term assets (€9.6M) exceed its short term liabilities (€5.5M).
Long Term Liabilities: GERHSP's short term assets (€9.6M) do not cover its long term liabilities (€38.9M).
Debt to Equity History and Analysis
Debt Level: GERHSP's net debt to equity ratio (60.7%) is considered high.
Reducing Debt: GERHSP's debt to equity ratio has reduced from 73.7% to 65.3% over the past 5 years.
Debt Coverage: GERHSP's debt is not well covered by operating cash flow (0.01%).
Interest Coverage: GERHSP's interest payments on its debt are not well covered by EBIT (1.2x coverage).