Corpfin Capital Prime Retail II SOCIMI Balance Sheet Health
Financial Health criteria checks 2/6
Corpfin Capital Prime Retail II SOCIMI has a total shareholder equity of €1.9M and total debt of €3.6M, which brings its debt-to-equity ratio to 188.3%. Its total assets and total liabilities are €5.5M and €3.6M respectively. Corpfin Capital Prime Retail II SOCIMI's EBIT is €537.9K making its interest coverage ratio 7.2. It has cash and short-term investments of €280.2K.
Key information
188.3%
Debt to equity ratio
€3.58m
Debt
| Interest coverage ratio | 7.2x |
| Cash | €280.21k |
| Equity | €1.90m |
| Total liabilities | €3.61m |
| Total assets | €5.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PR2's short term assets (€327.4K) exceed its short term liabilities (€298.6K).
Long Term Liabilities: PR2's short term assets (€327.4K) do not cover its long term liabilities (€3.3M).
Debt to Equity History and Analysis
Debt Level: PR2's net debt to equity ratio (173.5%) is considered high.
Reducing Debt: PR2's debt to equity ratio has increased from 24% to 188.3% over the past 5 years.
Debt Coverage: PR2's debt is not well covered by operating cash flow (17%).
Interest Coverage: PR2's interest payments on its debt are well covered by EBIT (7.2x coverage).