Phoenix Spree Deutschland Balance Sheet Health
Financial Health criteria checks 1/6
Phoenix Spree Deutschland has a total shareholder equity of €297.4M and total debt of €315.8M, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are €689.2M and €391.8M respectively. Phoenix Spree Deutschland's EBIT is €8.4M making its interest coverage ratio 0.5. It has cash and short-term investments of €18.3M.
Key information
106.2%
Debt to equity ratio
€315.85m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €18.25m |
| Equity | €297.42m |
| Total liabilities | €391.83m |
| Total assets | €689.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSDLL's short term assets (€153.2M) exceed its short term liabilities (€24.4M).
Long Term Liabilities: PSDLL's short term assets (€153.2M) do not cover its long term liabilities (€367.4M).
Debt to Equity History and Analysis
Debt Level: PSDLL's net debt to equity ratio (100.1%) is considered high.
Reducing Debt: PSDLL's debt to equity ratio has increased from 49.1% to 106.2% over the past 5 years.
Debt Coverage: PSDLL's debt is not well covered by operating cash flow (5%).
Interest Coverage: PSDLL's interest payments on its debt are not well covered by EBIT (0.5x coverage).