Schroder European Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Schroder European Real Estate Investment Trust has a total shareholder equity of €171.4M and total debt of €73.6M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are €255.1M and €83.7M respectively. Schroder European Real Estate Investment Trust's EBIT is €11.2M making its interest coverage ratio 7.5. It has cash and short-term investments of €33.1M.
Key information
42.9%
Debt to equity ratio
€73.62m
Debt
Interest coverage ratio | 7.5x |
Cash | €33.12m |
Equity | €171.44m |
Total liabilities | €83.68m |
Total assets | €255.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SERE's short term assets (€42.0M) exceed its short term liabilities (€14.4M).
Long Term Liabilities: SERE's short term assets (€42.0M) do not cover its long term liabilities (€69.2M).
Debt to Equity History and Analysis
Debt Level: SERE's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: SERE's debt to equity ratio has increased from 28.6% to 42.9% over the past 5 years.
Debt Coverage: SERE's debt is well covered by operating cash flow (21.6%).
Interest Coverage: SERE's interest payments on its debt are well covered by EBIT (7.5x coverage).