Sirius Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Sirius Real Estate has a total shareholder equity of €1.6B and total debt of €995.1M, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are €2.8B and €1.2B respectively. Sirius Real Estate's EBIT is €127.3M making its interest coverage ratio 8.8. It has cash and short-term investments of €329.3M.
Key information
61.9%
Debt to equity ratio
€995.10m
Debt
| Interest coverage ratio | 8.8x |
| Cash | €329.30m |
| Equity | €1.61b |
| Total liabilities | €1.24b |
| Total assets | €2.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SREL's short term assets (€368.1M) exceed its short term liabilities (€148.7M).
Long Term Liabilities: SREL's short term assets (€368.1M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: SREL's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: SREL's debt to equity ratio has increased from 43% to 61.9% over the past 5 years.
Debt Coverage: SREL's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: SREL's interest payments on its debt are well covered by EBIT (8.8x coverage).