Millenium Hospitality Real Estate SOCIMI Balance Sheet Health
Financial Health criteria checks 1/6
Millenium Hospitality Real Estate SOCIMI has a total shareholder equity of €536.8M and total debt of €167.3M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are €740.6M and €203.8M respectively. Millenium Hospitality Real Estate SOCIMI's EBIT is €9.5M making its interest coverage ratio 1.7. It has cash and short-term investments of €20.2M.
Key information
31.2%
Debt to equity ratio
€167.28m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €20.15m |
| Equity | €536.78m |
| Total liabilities | €203.84m |
| Total assets | €740.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YMHRE's short term assets (€41.5M) do not cover its short term liabilities (€51.2M).
Long Term Liabilities: YMHRE's short term assets (€41.5M) do not cover its long term liabilities (€152.7M).
Debt to Equity History and Analysis
Debt Level: YMHRE's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: YMHRE's debt to equity ratio has increased from 29.3% to 31.2% over the past 5 years.
Debt Coverage: YMHRE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: YMHRE's interest payments on its debt are not well covered by EBIT (1.7x coverage).