Reitir fasteignafélag hf Balance Sheet Health
Financial Health criteria checks 2/6
Reitir fasteignafélag hf has a total shareholder equity of ISK67.5B and total debt of ISK122.2B, which brings its debt-to-equity ratio to 181.1%. Its total assets and total liabilities are ISK218.0B and ISK150.5B respectively. Reitir fasteignafélag hf's EBIT is ISK10.8B making its interest coverage ratio 3.2. It has cash and short-term investments of ISK2.8B.
Key information
181.1%
Debt to equity ratio
ISK 122.22b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ISK 2.79b |
| Equity | ISK 67.50b |
| Total liabilities | ISK 150.49b |
| Total assets | ISK 217.99b |
Recent financial health updates
Reitir fasteignafélag hf (ICE:REITIR) Use Of Debt Could Be Considered Risky
Aug 17
Here's Why Reitir fasteignafélag hf (ICE:REITIR) Is Weighed Down By Its Debt Load
Apr 18Recent updates
Investors Shouldn't Be Too Comfortable With Reitir fasteignafélag hf's (ICE:REITIR) Earnings
Aug 30Reitir fasteignafélag hf (ICE:REITIR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Feb 19Estimating The Fair Value Of Reitir fasteignafélag hf. (ICE:REITIR)
Jan 09Reitir fasteignafélag hf (ICE:REITIR) Use Of Debt Could Be Considered Risky
Aug 17Here's Why Reitir fasteignafélag hf (ICE:REITIR) Is Weighed Down By Its Debt Load
Apr 18Do These 3 Checks Before Buying Reitir fasteignafélag hf. (ICE:REITIR) For Its Upcoming Dividend
Mar 07Does It Make Sense To Buy Reitir fasteignafélag hf. (ICE:REITIR) For Its Yield?
Feb 15Should We Be Cautious About Reitir fasteignafélag hf.'s (ICE:REITIR) ROE Of 1.0%?
Jan 25
Would Shareholders Who Purchased Reitir fasteignafélag hf's (ICE:REITIR) Stock Three Years Be Happy With The Share price Today?
Nov 26Financial Position Analysis
Short Term Liabilities: REITIR's short term assets (ISK5.0B) do not cover its short term liabilities (ISK7.9B).
Long Term Liabilities: REITIR's short term assets (ISK5.0B) do not cover its long term liabilities (ISK142.6B).
Debt to Equity History and Analysis
Debt Level: REITIR's net debt to equity ratio (176.9%) is considered high.
Reducing Debt: REITIR's debt to equity ratio has reduced from 181.3% to 181.1% over the past 5 years.
Debt Coverage: REITIR's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: REITIR's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 16:58 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reitir fasteignafélag hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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