Ble Kedros REIC Balance Sheet Health
Financial Health criteria checks 4/6
Ble Kedros REIC has a total shareholder equity of €110.7M and total debt of €911.3K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are €121.5M and €10.8M respectively. Ble Kedros REIC's EBIT is €5.6M making its interest coverage ratio 57.9. It has cash and short-term investments of €1.9M.
Key information
0.8%
Debt to equity ratio
€911.25k
Debt
Interest coverage ratio | 57.9x |
Cash | €1.95m |
Equity | €110.69m |
Total liabilities | €10.82m |
Total assets | €121.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLEKEDROS's short term assets (€2.9M) do not cover its short term liabilities (€6.4M).
Long Term Liabilities: BLEKEDROS's short term assets (€2.9M) do not cover its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: BLEKEDROS has more cash than its total debt.
Reducing Debt: BLEKEDROS's debt to equity ratio has reduced from 6.4% to 0.8% over the past 5 years.
Debt Coverage: BLEKEDROS's debt is well covered by operating cash flow (419.3%).
Interest Coverage: BLEKEDROS's interest payments on its debt are well covered by EBIT (57.9x coverage).