Vastned Retail Balance Sheet Health
Financial Health criteria checks 0/6
Vastned Retail has a total shareholder equity of €744.9M and total debt of €608.0M, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are €1.4B and €653.9M respectively. Vastned Retail's EBIT is €57.5M making its interest coverage ratio 2.3. It has cash and short-term investments of €1.5M.
Key information
81.6%
Debt to equity ratio
€607.96m
Debt
Interest coverage ratio | 2.3x |
Cash | €1.49m |
Equity | €744.88m |
Total liabilities | €653.87m |
Total assets | €1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VASTNA's short term assets (€38.1M) do not cover its short term liabilities (€266.7M).
Long Term Liabilities: VASTNA's short term assets (€38.1M) do not cover its long term liabilities (€387.2M).
Debt to Equity History and Analysis
Debt Level: VASTNA's net debt to equity ratio (81.4%) is considered high.
Reducing Debt: VASTNA's debt to equity ratio has increased from 67.3% to 81.6% over the past 5 years.
Debt Coverage: VASTNA's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: VASTNA's interest payments on its debt are not well covered by EBIT (2.3x coverage).