Aedas Homes Balance Sheet Health
Financial Health criteria checks 5/6
Aedas Homes has a total shareholder equity of €931.1M and total debt of €555.9M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are €2.0B and €1.1B respectively. Aedas Homes's EBIT is €171.3M making its interest coverage ratio 6.9. It has cash and short-term investments of €307.1M.
Key information
59.7%
Debt to equity ratio
€555.94m
Debt
| Interest coverage ratio | 6.9x |
| Cash | €307.09m |
| Equity | €931.09m |
| Total liabilities | €1.08b |
| Total assets | €2.01b |
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 (€759.1M).
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 (26.7%) is considered satisfactory.
Reducing Debt: AEDASE's debt to equity ratio has increased from 17.9% to 59.7% over the past 5 years.
Debt Coverage: AEDASE's debt is well covered by operating cash flow (42.5%).
Interest Coverage: AEDASE's interest payments on its debt are well covered by EBIT (6.9x coverage).