Prodea Real Estate Investment Company Société Anonyme Balance Sheet Health
Financial Health criteria checks 0/6
Prodea Real Estate Investment Company Société Anonyme has a total shareholder equity of €1.6B and total debt of €1.3B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are €3.0B and €1.4B respectively. Prodea Real Estate Investment Company Société Anonyme's EBIT is €121.4M making its interest coverage ratio 1.8. It has cash and short-term investments of €198.2M.
Key information
83.7%
Debt to equity ratio
€1.33b
Debt
Interest coverage ratio | 1.8x |
Cash | €198.18m |
Equity | €1.59b |
Total liabilities | €1.40b |
Total assets | €2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRODEA's short term assets (€372.8M) do not cover its short term liabilities (€422.3M).
Long Term Liabilities: PRODEA's short term assets (€372.8M) do not cover its long term liabilities (€980.2M).
Debt to Equity History and Analysis
Debt Level: PRODEA's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: PRODEA's debt to equity ratio has increased from 43.5% to 83.7% over the past 5 years.
Debt Coverage: PRODEA's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: PRODEA's interest payments on its debt are not well covered by EBIT (1.8x coverage).