Corem Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Corem Property Group has a total shareholder equity of SEK21.6B and total debt of SEK32.0B, which brings its debt-to-equity ratio to 148%. Its total assets and total liabilities are SEK62.3B and SEK40.6B respectively. Corem Property Group's EBIT is SEK2.4B making its interest coverage ratio 1.8. It has cash and short-term investments of SEK389.0M.
Key information
148.0%
Debt to equity ratio
SEK 32.04b
Debt
| Interest coverage ratio | 1.8x |
| Cash | SEK 389.00m |
| Equity | SEK 21.64b |
| Total liabilities | SEK 40.63b |
| Total assets | SEK 62.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CORE D's short term assets (SEK1.4B) do not cover its short term liabilities (SEK18.5B).
Long Term Liabilities: CORE D's short term assets (SEK1.4B) do not cover its long term liabilities (SEK22.1B).
Debt to Equity History and Analysis
Debt Level: CORE D's net debt to equity ratio (146.2%) is considered high.
Reducing Debt: CORE D's debt to equity ratio has reduced from 168.4% to 148% over the past 5 years.
Debt Coverage: CORE D's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: CORE D's interest payments on its debt are not well covered by EBIT (1.8x coverage).