Schroder European Real Estate Investment Trust Plc

LSE:SERE Stock Report

Market Cap: UK£85.6m

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 ratio7.5x
Cash€33.12m
Equity€171.44m
Total liabilities€83.68m
Total assets€255.11m

Recent financial health updates

No updates

Recent updates

Schroder European Real Estate Investment Trust's (LON:SERE) Shareholders Are Down 12% On Their Shares

Dec 10
Schroder European Real Estate Investment Trust's (LON:SERE) Shareholders Are Down 12% On Their Shares

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).


Balance Sheet


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