IREIT Global Balance Sheet Health
Financial Health criteria checks 2/6
IREIT Global has a total shareholder equity of €545.6M and total debt of €371.4M, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are €992.1M and €446.5M respectively. IREIT Global's EBIT is €42.5M making its interest coverage ratio 6.5. It has cash and short-term investments of €57.4M.
Key information
68.1%
Debt to equity ratio
€371.41m
Debt
Interest coverage ratio | 6.5x |
Cash | €57.44m |
Equity | €545.62m |
Total liabilities | €446.46m |
Total assets | €992.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: UD1U's short term assets (€93.9M) exceed its short term liabilities (€42.9M).
Long Term Liabilities: UD1U's short term assets (€93.9M) do not cover its long term liabilities (€403.6M).
Debt to Equity History and Analysis
Debt Level: UD1U's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: UD1U's debt to equity ratio has increased from 63.2% to 68.1% over the past 5 years.
Debt Coverage: UD1U's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: UD1U's interest payments on its debt are well covered by EBIT (6.5x coverage).