Compañía Española de Viviendas en Alquiler Balance Sheet Health
Financial Health criteria checks 4/6
Compañía Española de Viviendas en Alquiler has a total shareholder equity of €401.7M and total debt of €60.1M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are €557.6M and €155.9M respectively. Compañía Española de Viviendas en Alquiler's EBIT is €14.8M making its interest coverage ratio 8.4. It has cash and short-term investments of €10.6M.
Key information
15.0%
Debt to equity ratio
€60.11m
Debt
| Interest coverage ratio | 8.4x |
| Cash | €10.62m |
| Equity | €401.66m |
| Total liabilities | €155.95m |
| Total assets | €557.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CEV's short term assets (€42.3M) exceed its short term liabilities (€12.5M).
Long Term Liabilities: CEV's short term assets (€42.3M) do not cover its long term liabilities (€143.4M).
Debt to Equity History and Analysis
Debt Level: CEV's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: CEV's debt to equity ratio has reduced from 22.8% to 15% over the past 5 years.
Debt Coverage: CEV's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: CEV's interest payments on its debt are well covered by EBIT (8.4x coverage).