Testa Residencial SOCIMI Balance Sheet Health
Financial Health criteria checks 2/6
Testa Residencial SOCIMI has a total shareholder equity of €995.1M and total debt of €1.7B, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are €2.9B and €1.9B respectively. Testa Residencial SOCIMI's EBIT is €54.9M making its interest coverage ratio 0.5. It has cash and short-term investments of €119.2M.
Key information
171.8%
Debt to equity ratio
€1.71b
Debt
| Interest coverage ratio | 0.5x |
| Cash | €119.19m |
| Equity | €995.06m |
| Total liabilities | €1.88b |
| Total assets | €2.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YTST's short term assets (€121.1M) exceed its short term liabilities (€113.5M).
Long Term Liabilities: YTST's short term assets (€121.1M) do not cover its long term liabilities (€1.8B).
Debt to Equity History and Analysis
Debt Level: YTST's net debt to equity ratio (159.8%) is considered high.
Reducing Debt: YTST's debt to equity ratio has reduced from 199.6% to 171.8% over the past 5 years.
Debt Coverage: YTST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: YTST's interest payments on its debt are not well covered by EBIT (0.5x coverage).