Vastned Belgium Balance Sheet Health
Financial Health criteria checks 3/6
Vastned Belgium has a total shareholder equity of €228.7M and total debt of €81.0M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are €318.4M and €89.7M respectively. Vastned Belgium's EBIT is €16.0M making its interest coverage ratio 3.3. It has cash and short-term investments of €486.0K.
Key information
35.4%
Debt to equity ratio
€80.95m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €486.00k |
| Equity | €228.66m |
| Total liabilities | €89.71m |
| Total assets | €318.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ET5's short term assets (€6.3M) do not cover its short term liabilities (€7.5M).
Long Term Liabilities: 0ET5's short term assets (€6.3M) do not cover its long term liabilities (€82.2M).
Debt to Equity History and Analysis
Debt Level: 0ET5's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 0ET5's debt to equity ratio has reduced from 41.6% to 35.4% over the past 5 years.
Debt Coverage: 0ET5's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 0ET5's interest payments on its debt are well covered by EBIT (3.3x coverage).