Tritax Eurobox Balance Sheet Health
Financial Health criteria checks 2/6
Tritax Eurobox has a total shareholder equity of €795.6M and total debt of €770.1M, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are €1.7B and €856.2M respectively. Tritax Eurobox's EBIT is €49.4M making its interest coverage ratio 4.3. It has cash and short-term investments of €52.3M.
Key information
96.8%
Debt to equity ratio
€770.10m
Debt
Interest coverage ratio | 4.3x |
Cash | €52.31m |
Equity | €795.62m |
Total liabilities | €856.21m |
Total assets | €1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EBOX's short term assets (€135.2M) exceed its short term liabilities (€31.5M).
Long Term Liabilities: EBOX's short term assets (€135.2M) do not cover its long term liabilities (€824.7M).
Debt to Equity History and Analysis
Debt Level: EBOX's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: Insufficient data to determine if EBOX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EBOX's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: EBOX's interest payments on its debt are well covered by EBIT (4.3x coverage).