Grand City Properties Balance Sheet Health
Financial Health criteria checks 2/6
Grand City Properties has a total shareholder equity of €5.2B and total debt of €4.4B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are €10.9B and €5.7B respectively. Grand City Properties's EBIT is €308.5M making its interest coverage ratio 5.4. It has cash and short-term investments of €1.2B.
Key information
84.7%
Debt to equity ratio
€4.43b
Debt
Interest coverage ratio | 5.4x |
Cash | €1.23b |
Equity | €5.23b |
Total liabilities | €5.69b |
Total assets | €10.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RPK's short term assets (€1.8B) exceed its short term liabilities (€653.7M).
Long Term Liabilities: 0RPK's short term assets (€1.8B) do not cover its long term liabilities (€5.0B).
Debt to Equity History and Analysis
Debt Level: 0RPK's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: 0RPK's debt to equity ratio has increased from 71.1% to 84.7% over the past 5 years.
Debt Coverage: 0RPK's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 0RPK's interest payments on its debt are well covered by EBIT (5.4x coverage).