Optimum III Value-Added Residential Socimi Balance Sheet Health
Financial Health criteria checks 1/6
Optimum III Value-Added Residential Socimi has a total shareholder equity of €38.8M and total debt of €28.5M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are €68.1M and €29.3M respectively.
Key information
73.6%
Debt to equity ratio
€28.54m
Debt
Interest coverage ratio | n/a |
Cash | €10.84m |
Equity | €38.79m |
Total liabilities | €29.35m |
Total assets | €68.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YOVA's short term assets (€11.4M) do not cover its short term liabilities (€12.6M).
Long Term Liabilities: YOVA's short term assets (€11.4M) do not cover its long term liabilities (€16.7M).
Debt to Equity History and Analysis
Debt Level: YOVA's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: YOVA's debt to equity ratio has reduced from 92.9% to 73.6% over the past 5 years.
Debt Coverage: YOVA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if YOVA's interest payments on its debt are well covered by EBIT.