Reitir fasteignafélag hf Balance Sheet Health
Financial Health criteria checks 1/6
Reitir fasteignafélag hf has a total shareholder equity of ISK60.3B and total debt of ISK108.4B, which brings its debt-to-equity ratio to 179.9%. Its total assets and total liabilities are ISK193.4B and ISK133.1B respectively. Reitir fasteignafélag hf's EBIT is ISK10.2B making its interest coverage ratio 3.2. It has cash and short-term investments of ISK1.3B.
Key information
179.9%
Debt to equity ratio
Kr108.43b
Debt
| Interest coverage ratio | 3.2x |
| Cash | Kr1.28b |
| Equity | Kr60.27b |
| Total liabilities | Kr133.11b |
| Total assets | Kr193.38b |
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
Reitir 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 (ISK3.2B) do not cover its short term liabilities (ISK11.9B).
Long Term Liabilities: REITIR's short term assets (ISK3.2B) do not cover its long term liabilities (ISK121.2B).
Debt to Equity History and Analysis
Debt Level: REITIR's net debt to equity ratio (177.8%) is considered high.
Reducing Debt: REITIR's debt to equity ratio has increased from 179.7% to 179.9% over the past 5 years.
Debt Coverage: REITIR's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: REITIR's interest payments on its debt are well covered by EBIT (3.2x coverage).