Schroder European Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
Schroder European Real Estate Investment Trust has a total shareholder equity of €165.3M and total debt of €70.4M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are €244.8M and €79.5M respectively. Schroder European Real Estate Investment Trust's EBIT is €11.5M making its interest coverage ratio 6.8. It has cash and short-term investments of €28.4M.
Key information
42.6%
Debt to equity ratio
€70.41m
Debt
| Interest coverage ratio | 6.8x |
| Cash | €28.45m |
| Equity | €165.30m |
| Total liabilities | €79.52m |
| Total assets | €244.82m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SERE's short term assets (€37.8M) exceed its short term liabilities (€5.4M).
Long Term Liabilities: SERE's short term assets (€37.8M) do not cover its long term liabilities (€74.1M).
Debt to Equity History and Analysis
Debt Level: SERE's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: SERE's debt to equity ratio has increased from 33.1% to 42.6% over the past 5 years.
Debt Coverage: SERE's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: SERE's interest payments on its debt are well covered by EBIT (6.8x coverage).