Prodea Real Estate Investment Company Société Anonyme Balance Sheet Health
Financial Health criteria checks 1/6
Prodea Real Estate Investment Company Société Anonyme has a total shareholder equity of €1.7B and total debt of €1.4B, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are €3.3B and €1.7B respectively. Prodea Real Estate Investment Company Société Anonyme's EBIT is €103.6M making its interest coverage ratio 1.5. It has cash and short-term investments of €108.5M.
Key information
84.4%
Debt to equity ratio
€1.42b
Debt
| Interest coverage ratio | 1.5x |
| Cash | €108.51m |
| Equity | €1.68b |
| Total liabilities | €1.65b |
| Total assets | €3.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRODEA's short term assets (€365.5M) exceed its short term liabilities (€314.1M).
Long Term Liabilities: PRODEA's short term assets (€365.5M) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: PRODEA's net debt to equity ratio (78%) is considered high.
Reducing Debt: PRODEA's debt to equity ratio has increased from 63.7% to 84.4% over the past 5 years.
Debt Coverage: PRODEA's debt is not well covered by operating cash flow (3%).
Interest Coverage: PRODEA's interest payments on its debt are not well covered by EBIT (1.5x coverage).