Cromwell European Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Cromwell European Real Estate Investment Trust has a total shareholder equity of €1.3B and total debt of €947.9M, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are €2.4B and €1.1B respectively. Cromwell European Real Estate Investment Trust's EBIT is €122.4M making its interest coverage ratio 3.8. It has cash and short-term investments of €79.7M.
Key information
75.5%
Debt to equity ratio
€947.88m
Debt
Interest coverage ratio | 3.8x |
Cash | €79.67m |
Equity | €1.26b |
Total liabilities | €1.11b |
Total assets | €2.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CWBU's short term assets (€119.0M) exceed its short term liabilities (€82.3M).
Long Term Liabilities: CWBU's short term assets (€119.0M) do not cover its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: CWBU's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: CWBU's debt to equity ratio has increased from 52.9% to 75.5% over the past 5 years.
Debt Coverage: CWBU's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: CWBU's interest payments on its debt are well covered by EBIT (3.8x coverage).