Eurocommercial Properties Balance Sheet Health
Financial Health criteria checks 1/6
Eurocommercial Properties has a total shareholder equity of €2.0B and total debt of €1.6B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are €3.8B and €1.8B respectively. Eurocommercial Properties's EBIT is €171.4M making its interest coverage ratio 2. It has cash and short-term investments of €40.5M.
Key information
78.5%
Debt to equity ratio
€1.58b
Debt
Interest coverage ratio | 2x |
Cash | €40.46m |
Equity | €2.01b |
Total liabilities | €1.82b |
Total assets | €3.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECMPA's short term assets (€109.9M) do not cover its short term liabilities (€346.1M).
Long Term Liabilities: ECMPA's short term assets (€109.9M) do not cover its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: ECMPA's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: ECMPA's debt to equity ratio has reduced from 107% to 78.5% over the past 5 years.
Debt Coverage: ECMPA's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: ECMPA's interest payments on its debt are not well covered by EBIT (2x coverage).