Aedas Homes Balance Sheet Health
Financial Health criteria checks 4/6
Aedas Homes has a total shareholder equity of €969.6M and total debt of €501.5M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are €2.0B and €999.3M respectively. Aedas Homes's EBIT is €158.2M making its interest coverage ratio 7.2. It has cash and short-term investments of €246.8M.
Key information
51.7%
Debt to equity ratio
€501.46m
Debt
Interest coverage ratio | 7.2x |
Cash | €246.83m |
Equity | €969.64m |
Total liabilities | €999.32m |
Total assets | €1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEDASE's short term assets (€1.9B) exceed its short term liabilities (€677.3M).
Long Term Liabilities: AEDASE's short term assets (€1.9B) exceed its long term liabilities (€322.0M).
Debt to Equity History and Analysis
Debt Level: AEDASE's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: AEDASE's debt to equity ratio has increased from 7.5% to 51.7% over the past 5 years.
Debt Coverage: AEDASE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AEDASE's interest payments on its debt are well covered by EBIT (7.2x coverage).