Arcona Property Fund Balance Sheet Health
Financial Health criteria checks 3/6
Arcona Property Fund has a total shareholder equity of €45.8M and total debt of €29.9M, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are €83.6M and €37.8M respectively. Arcona Property Fund's EBIT is €4.2M making its interest coverage ratio 1.6. It has cash and short-term investments of €2.1M.
Key information
65.4%
Debt to equity ratio
€29.94m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €2.08m |
| Equity | €45.80m |
| Total liabilities | €37.85m |
| Total assets | €83.65m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ARCPF's short term assets (€33.7M) exceed its short term liabilities (€28.2M).
Long Term Liabilities: ARCPF's short term assets (€33.7M) exceed its long term liabilities (€9.6M).
Debt to Equity History and Analysis
Debt Level: ARCPF's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: ARCPF's debt to equity ratio has reduced from 113.2% to 65.4% over the past 5 years.
Debt Coverage: ARCPF's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: ARCPF's interest payments on its debt are not well covered by EBIT (1.6x coverage).