Olimpo Real Estate SOCIMI Balance Sheet Health
Financial Health criteria checks 1/6
Olimpo Real Estate SOCIMI has a total shareholder equity of €154.6M and total debt of €165.8M, which brings its debt-to-equity ratio to 107.2%. Its total assets and total liabilities are €325.6M and €171.0M respectively. Olimpo Real Estate SOCIMI's EBIT is €13.6M making its interest coverage ratio 2.7. It has cash and short-term investments of €5.7M.
Key information
107.2%
Debt to equity ratio
€165.78m
Debt
Interest coverage ratio | 2.7x |
Cash | €5.70m |
Equity | €154.60m |
Total liabilities | €170.95m |
Total assets | €325.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YORE's short term assets (€7.7M) exceed its short term liabilities (€4.3M).
Long Term Liabilities: YORE's short term assets (€7.7M) do not cover its long term liabilities (€166.7M).
Debt to Equity History and Analysis
Debt Level: YORE's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: YORE's debt to equity ratio has increased from 82.1% to 107.2% over the past 5 years.
Debt Coverage: YORE's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: YORE's interest payments on its debt are not well covered by EBIT (2.7x coverage).