Lafinca Global Assets SOCIMI Balance Sheet Health
Financial Health criteria checks 1/6
Lafinca Global Assets SOCIMI has a total shareholder equity of €112.8M and total debt of €417.3M, which brings its debt-to-equity ratio to 370%. Its total assets and total liabilities are €639.2M and €526.4M respectively. Lafinca Global Assets SOCIMI's EBIT is €20.3M making its interest coverage ratio 1.4. It has cash and short-term investments of €11.2M.
Key information
370.0%
Debt to equity ratio
€417.28m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €11.22m |
| Equity | €112.77m |
| Total liabilities | €526.39m |
| Total assets | €639.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YLFG's short term assets (€18.5M) exceed its short term liabilities (€8.1M).
Long Term Liabilities: YLFG's short term assets (€18.5M) do not cover its long term liabilities (€518.3M).
Debt to Equity History and Analysis
Debt Level: YLFG's net debt to equity ratio (360.1%) is considered high.
Reducing Debt: YLFG's debt to equity ratio has increased from 313.7% to 370% over the past 5 years.
Debt Coverage: YLFG's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: YLFG's interest payments on its debt are not well covered by EBIT (1.4x coverage).