Noval Property Real Estate Investment Balance Sheet Health
Financial Health criteria checks 3/6
Noval Property Real Estate Investment has a total shareholder equity of €494.4M and total debt of €200.0M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are €728.2M and €233.8M respectively. Noval Property Real Estate Investment's EBIT is €30.6M making its interest coverage ratio 4.9. It has cash and short-term investments of €95.9M.
Key information
40.5%
Debt to equity ratio
€200.05m
Debt
| Interest coverage ratio | 4.9x |
| Cash | €95.87m |
| Equity | €494.39m |
| Total liabilities | €233.83m |
| Total assets | €728.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOVAL's short term assets (€103.3M) exceed its short term liabilities (€31.8M).
Long Term Liabilities: NOVAL's short term assets (€103.3M) do not cover its long term liabilities (€202.0M).
Debt to Equity History and Analysis
Debt Level: NOVAL's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NOVAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NOVAL's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: NOVAL's interest payments on its debt are well covered by EBIT (4.9x coverage).