Genova Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Genova Property Group has a total shareholder equity of SEK4.3B and total debt of SEK6.3B, which brings its debt-to-equity ratio to 146.8%. Its total assets and total liabilities are SEK11.6B and SEK7.3B respectively. Genova Property Group's EBIT is SEK293.8M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK284.5M.
Key information
146.8%
Debt to equity ratio
kr6.32b
Debt
| Interest coverage ratio | 1.4x |
| Cash | kr284.50m |
| Equity | kr4.30b |
| Total liabilities | kr7.26b |
| Total assets | kr11.56b |
Recent financial health updates
Recent updates
Is Genova Property Group (STO:GPG) Using Too Much Debt?
Feb 17
Is Genova Property Group AB (publ) (STO:GPG) Potentially Undervalued?
Jan 13Is Now An Opportune Moment To Examine Genova Property Group AB (publ) (STO:GPG)?
Aug 25We're Not So Sure You Should Rely on Genova Property Group's (STO:GPG) Statutory Earnings
Jan 29
Financial Position Analysis
Short Term Liabilities: GPG's short term assets (SEK523.0M) do not cover its short term liabilities (SEK1.5B).
Long Term Liabilities: GPG's short term assets (SEK523.0M) do not cover its long term liabilities (SEK5.8B).
Debt to Equity History and Analysis
Debt Level: GPG's net debt to equity ratio (140.2%) is considered high.
Reducing Debt: GPG's debt to equity ratio has reduced from 157.4% to 146.8% over the past 5 years.
Debt Coverage: GPG's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: GPG's interest payments on its debt are not well covered by EBIT (1.4x coverage).