BriQ Properties Real Estate Investment Balance Sheet Health
Financial Health criteria checks 2/6
BriQ Properties Real Estate Investment has a total shareholder equity of €106.7M and total debt of €37.1M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are €147.4M and €40.7M respectively. BriQ Properties Real Estate Investment's EBIT is €15.3M making its interest coverage ratio 21.3. It has cash and short-term investments of €2.9M.
Key information
34.8%
Debt to equity ratio
€37.13m
Debt
| Interest coverage ratio | 21.3x |
| Cash | €2.89m |
| Equity | €106.70m |
| Total liabilities | €40.69m |
| Total assets | €147.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRIQ's short term assets (€4.4M) do not cover its short term liabilities (€4.9M).
Long Term Liabilities: BRIQ's short term assets (€4.4M) do not cover its long term liabilities (€35.8M).
Debt to Equity History and Analysis
Debt Level: BRIQ's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: BRIQ's debt to equity ratio has increased from 31.4% to 34.8% over the past 5 years.
Debt Coverage: Insufficient data to determine if BRIQ's debt is well covered by operating cash flow.
Interest Coverage: BRIQ's interest payments on its debt are well covered by EBIT (21.3x coverage).