Lar España Real Estate SOCIMI Balance Sheet Health
Financial Health criteria checks 2/6
Lar España Real Estate SOCIMI has a total shareholder equity of €841.8M and total debt of €656.5M, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are €1.5B and €703.2M respectively. Lar España Real Estate SOCIMI's EBIT is €66.3M making its interest coverage ratio 15.3. It has cash and short-term investments of €213.0M.
Key information
78.0%
Debt to equity ratio
€656.53m
Debt
| Interest coverage ratio | 15.3x |
| Cash | €213.03m |
| Equity | €841.75m |
| Total liabilities | €703.24m |
| Total assets | €1.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LRE's short term assets (€221.8M) exceed its short term liabilities (€21.6M).
Long Term Liabilities: LRE's short term assets (€221.8M) do not cover its long term liabilities (€681.6M).
Debt to Equity History and Analysis
Debt Level: LRE's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: LRE's debt to equity ratio has increased from 67.7% to 78% over the past 5 years.
Debt Coverage: LRE's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: LRE's interest payments on its debt are well covered by EBIT (15.3x coverage).