Olimpo Real Estate SOCIMI Balance Sheet Health
Financial Health criteria checks 1/6
Olimpo Real Estate SOCIMI has a total shareholder equity of €149.7M and total debt of €165.4M, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are €320.7M and €171.0M respectively. Olimpo Real Estate SOCIMI's EBIT is €14.0M making its interest coverage ratio 2.7. It has cash and short-term investments of €4.7M.
Key information
110.5%
Debt to equity ratio
€165.42m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €4.71m |
| Equity | €149.70m |
| Total liabilities | €171.01m |
| Total assets | €320.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YORE's short term assets (€6.3M) exceed its short term liabilities (€5.1M).
Long Term Liabilities: YORE's short term assets (€6.3M) do not cover its long term liabilities (€165.9M).
Debt to Equity History and Analysis
Debt Level: YORE's net debt to equity ratio (107.4%) is considered high.
Reducing Debt: YORE's debt to equity ratio has increased from 92% to 110.5% over the past 5 years.
Debt Coverage: YORE's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: YORE's interest payments on its debt are not well covered by EBIT (2.7x coverage).