Sirius Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Sirius Real Estate has a total shareholder equity of €1.4B and total debt of €945.1M, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are €2.6B and €1.2B respectively. Sirius Real Estate's EBIT is €118.5M making its interest coverage ratio 8.5. It has cash and short-term investments of €244.2M.
Key information
67.1%
Debt to equity ratio
€945.10m
Debt
| Interest coverage ratio | 8.5x |
| Cash | €244.20m |
| Equity | €1.41b |
| Total liabilities | €1.19b |
| Total assets | €2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SREL's short term assets (€286.6M) exceed its short term liabilities (€153.6M).
Long Term Liabilities: SREL's short term assets (€286.6M) do not cover its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: SREL's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: SREL's debt to equity ratio has increased from 45.8% to 67.1% over the past 5 years.
Debt Coverage: SREL's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: SREL's interest payments on its debt are well covered by EBIT (8.5x coverage).