Millenium Hospitality Real Estate SOCIMI Balance Sheet Health
Financial Health criteria checks 2/6
Millenium Hospitality Real Estate SOCIMI has a total shareholder equity of €535.6M and total debt of €163.3M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are €743.7M and €208.0M respectively. Millenium Hospitality Real Estate SOCIMI's EBIT is €9.4M making its interest coverage ratio 2.1. It has cash and short-term investments of €33.1M.
Key information
30.5%
Debt to equity ratio
€163.32m
Debt
Interest coverage ratio | 2.1x |
Cash | €33.13m |
Equity | €535.61m |
Total liabilities | €208.05m |
Total assets | €743.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YMHRE's short term assets (€82.7M) exceed its short term liabilities (€43.9M).
Long Term Liabilities: YMHRE's short term assets (€82.7M) do not cover its long term liabilities (€164.2M).
Debt to Equity History and Analysis
Debt Level: YMHRE's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: YMHRE's debt to equity ratio has increased from 29.9% to 30.5% over the past 5 years.
Debt Coverage: YMHRE's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: YMHRE's interest payments on its debt are not well covered by EBIT (2.1x coverage).