Globalworth Real Estate Investments Balance Sheet Health
Financial Health criteria checks 1/6
Globalworth Real Estate Investments has a total shareholder equity of €1.6B and total debt of €1.6B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are €3.4B and €1.8B respectively. Globalworth Real Estate Investments's EBIT is €131.3M making its interest coverage ratio 2.6. It has cash and short-term investments of €396.5M.
Key information
100.1%
Debt to equity ratio
€1.60b
Debt
Interest coverage ratio | 2.6x |
Cash | €396.46m |
Equity | €1.60b |
Total liabilities | €1.84b |
Total assets | €3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWI's short term assets (€480.1M) exceed its short term liabilities (€101.3M).
Long Term Liabilities: GWI's short term assets (€480.1M) do not cover its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: GWI's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: GWI's debt to equity ratio has increased from 97.2% to 100.1% over the past 5 years.
Debt Coverage: GWI's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: GWI's interest payments on its debt are not well covered by EBIT (2.6x coverage).