Cofinimmo Balance Sheet Health
Financial Health criteria checks 1/6
Cofinimmo has a total shareholder equity of €3.6B and total debt of €2.8B, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are €6.6B and €3.0B respectively. Cofinimmo's EBIT is €282.2M making its interest coverage ratio 5. It has cash and short-term investments of €26.7M.
Key information
77.8%
Debt to equity ratio
€2.79b
Debt
| Interest coverage ratio | 5x |
| Cash | €26.72m |
| Equity | €3.59b |
| Total liabilities | €3.04b |
| Total assets | €6.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J3X's short term assets (€193.6M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: 0J3X's short term assets (€193.6M) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: 0J3X's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: 0J3X's debt to equity ratio has increased from 77.1% to 77.8% over the past 5 years.
Debt Coverage: 0J3X's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 0J3X's interest payments on its debt are well covered by EBIT (5x coverage).