Swiss Prime Site Balance Sheet Health
Financial Health criteria checks 2/6
Swiss Prime Site has a total shareholder equity of CHF6.5B and total debt of CHF5.7B, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are CHF14.0B and CHF7.5B respectively. Swiss Prime Site's EBIT is CHF409.5M making its interest coverage ratio 6.9. It has cash and short-term investments of CHF18.9M.
Key information
87.6%
Debt to equity ratio
CHF 5.68b
Debt
| Interest coverage ratio | 6.9x |
| Cash | CHF 18.93m |
| Equity | CHF 6.49b |
| Total liabilities | CHF 7.49b |
| Total assets | CHF 13.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPSNZ's short term assets (CHF295.5M) do not cover its short term liabilities (CHF1.3B).
Long Term Liabilities: SPSNZ's short term assets (CHF295.5M) do not cover its long term liabilities (CHF6.2B).
Debt to Equity History and Analysis
Debt Level: SPSNZ's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: SPSNZ's debt to equity ratio has reduced from 102.4% to 87.6% over the past 5 years.
Debt Coverage: SPSNZ's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: SPSNZ's interest payments on its debt are well covered by EBIT (6.9x coverage).