Genova Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Genova Property Group has a total shareholder equity of SEK4.1B and total debt of SEK6.0B, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are SEK11.2B and SEK7.1B respectively. Genova Property Group's EBIT is SEK279.5M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK242.7M.
Key information
147.0%
Debt to equity ratio
SEK 6.04b
Debt
| Interest coverage ratio | 1.4x |
| Cash | SEK 242.70m |
| Equity | SEK 4.11b |
| Total liabilities | SEK 7.11b |
| Total assets | SEK 11.22b |
Recent financial health updates
Genova Property Group (STO:GPG) Seems To Be Using A Lot Of Debt
Jun 14
Is Genova Property Group (STO:GPG) Using Too Much Debt?
Feb 17Recent updates
Genova Property Group (STO:GPG) Seems To Be Using A Lot Of Debt
Jun 14Is Genova Property Group (STO:GPG) Using Too Much Debt?
Feb 17Is 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 (SEK461.7M) do not cover its short term liabilities (SEK2.3B).
Long Term Liabilities: GPG's short term assets (SEK461.7M) do not cover its long term liabilities (SEK4.8B).
Debt to Equity History and Analysis
Debt Level: GPG's net debt to equity ratio (141.1%) is considered high.
Reducing Debt: GPG's debt to equity ratio has reduced from 157.3% to 147% over the past 5 years.
Debt Coverage: GPG's debt is not well covered by operating cash flow (2%).
Interest Coverage: GPG's interest payments on its debt are not well covered by EBIT (1.4x coverage).