P3 Spain Logistic Parks SOCIMI Balance Sheet Health
Financial Health criteria checks 3/6
P3in Logistic Parks SOCIMI has a total shareholder equity of €104.0M and total debt of €488.2M, which brings its debt-to-equity ratio to 469.4%. Its total assets and total liabilities are €615.0M and €511.0M respectively. P3in Logistic Parks SOCIMI's EBIT is €17.2M making its interest coverage ratio 1. It has cash and short-term investments of €13.0M.
Key information
469.4%
Debt to equity ratio
€488.23m
Debt
Interest coverage ratio | 1x |
Cash | €13.00m |
Equity | €104.02m |
Total liabilities | €510.96m |
Total assets | €614.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YP3L's short term assets (€33.0M) do not cover its short term liabilities (€42.9M).
Long Term Liabilities: YP3L's short term assets (€33.0M) do not cover its long term liabilities (€468.0M).
Debt to Equity History and Analysis
Debt Level: YP3L's net debt to equity ratio (456.9%) is considered high.
Reducing Debt: YP3L's debt to equity ratio has reduced from 619.9% to 469.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable YP3L has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: YP3L is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.3% per year.