Tarjar Xairo SOCIMI Balance Sheet Health
Financial Health criteria checks 3/6
Tarjar Xairo SOCIMI has a total shareholder equity of €10.8M and total debt of €4.5M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are €16.1M and €5.2M respectively. Tarjar Xairo SOCIMI's EBIT is €234.7K making its interest coverage ratio 66.9. It has cash and short-term investments of €366.9K.
Key information
41.4%
Debt to equity ratio
€4.49m
Debt
| Interest coverage ratio | 66.9x |
| Cash | €366.93k |
| Equity | €10.84m |
| Total liabilities | €5.24m |
| Total assets | €16.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YTAR's short term assets (€666.3K) do not cover its short term liabilities (€1.1M).
Long Term Liabilities: YTAR's short term assets (€666.3K) do not cover its long term liabilities (€4.1M).
Debt to Equity History and Analysis
Debt Level: YTAR's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: YTAR's debt to equity ratio has reduced from 70.5% to 41.4% over the past 5 years.
Debt Coverage: YTAR's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: YTAR's interest payments on its debt are well covered by EBIT (66.9x coverage).