Premia Real Estate Investment Company Societe Anonyme Balance Sheet Health
Financial Health criteria checks 2/6
Premia Real Estate Investment Company Societe Anonyme has a total shareholder equity of €147.2M and total debt of €193.8M, which brings its debt-to-equity ratio to 131.6%. Its total assets and total liabilities are €356.1M and €208.9M respectively. Premia Real Estate Investment Company Societe Anonyme's EBIT is €10.3M making its interest coverage ratio 2.2. It has cash and short-term investments of €39.6M.
Key information
131.6%
Debt to equity ratio
€193.83m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €39.58m |
| Equity | €147.25m |
| Total liabilities | €208.90m |
| Total assets | €356.15m |
Financial Position Analysis
Short Term Liabilities: PREMIA's short term assets (€47.6M) exceed its short term liabilities (€10.8M).
Long Term Liabilities: PREMIA's short term assets (€47.6M) do not cover its long term liabilities (€198.1M).
Debt to Equity History and Analysis
Debt Level: PREMIA's net debt to equity ratio (104.8%) is considered high.
Reducing Debt: PREMIA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PREMIA's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: PREMIA's interest payments on its debt are not well covered by EBIT (2.2x coverage).