Wereldhave Balance Sheet Health
Financial Health criteria checks 1/6
Wereldhave has a total shareholder equity of €1.2B and total debt of €1.0B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are €2.3B and €1.1B respectively. Wereldhave's EBIT is €115.6M making its interest coverage ratio 3.3. It has cash and short-term investments of €19.6M.
Key information
81.7%
Debt to equity ratio
€1.00b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €19.60m |
| Equity | €1.22b |
| Total liabilities | €1.12b |
| Total assets | €2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WHA's short term assets (€87.5M) do not cover its short term liabilities (€320.3M).
Long Term Liabilities: WHA's short term assets (€87.5M) do not cover its long term liabilities (€800.4M).
Debt to Equity History and Analysis
Debt Level: WHA's net debt to equity ratio (80.1%) is considered high.
Reducing Debt: WHA's debt to equity ratio has increased from 70.9% to 81.7% over the past 5 years.
Debt Coverage: WHA's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: WHA's interest payments on its debt are well covered by EBIT (3.3x coverage).