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 €1.2B and total debt of €948.5M, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are €2.4B and €1.1B respectively. Cromwell European Real Estate Investment Trust's EBIT is €119.5M making its interest coverage ratio 3.5. It has cash and short-term investments of €63.0M.
Key information
76.4%
Debt to equity ratio
€948.49m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €63.05m |
| Equity | €1.24b |
| Total liabilities | €1.11b |
| Total assets | €2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CWBU's short term assets (€91.8M) exceed its short term liabilities (€81.7M).
Long Term Liabilities: CWBU's short term assets (€91.8M) do not cover its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: CWBU's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: CWBU's debt to equity ratio has increased from 59.3% to 76.4% over the past 5 years.
Debt Coverage: CWBU's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: CWBU's interest payments on its debt are well covered by EBIT (3.5x coverage).