Novavest Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Novavest Real Estate has a total shareholder equity of CHF409.2M and total debt of CHF562.6M, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are CHF1.0B and CHF638.8M respectively. Novavest Real Estate's EBIT is CHF20.0M making its interest coverage ratio 3.9. It has cash and short-term investments of CHF6.5M.
Key information
137.5%
Debt to equity ratio
CHF 562.61m
Debt
| Interest coverage ratio | 3.9x |
| Cash | CHF 6.50m |
| Equity | CHF 409.18m |
| Total liabilities | CHF 638.81m |
| Total assets | CHF 1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRENZ's short term assets (CHF14.9M) do not cover its short term liabilities (CHF215.8M).
Long Term Liabilities: NRENZ's short term assets (CHF14.9M) do not cover its long term liabilities (CHF423.0M).
Debt to Equity History and Analysis
Debt Level: NRENZ's net debt to equity ratio (135.9%) is considered high.
Reducing Debt: NRENZ's debt to equity ratio has reduced from 152.8% to 137.5% over the past 5 years.
Debt Coverage: NRENZ's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: NRENZ's interest payments on its debt are well covered by EBIT (3.9x coverage).