IREIT Global Balance Sheet Health
Financial Health criteria checks 2/6
IREIT Global has a total shareholder equity of €532.9M and total debt of €357.1M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are €972.2M and €439.3M respectively. IREIT Global's EBIT is €47.8M making its interest coverage ratio 7.1. It has cash and short-term investments of €71.5M.
Key information
67.0%
Debt to equity ratio
€357.12m
Debt
| Interest coverage ratio | 7.1x |
| Cash | €71.49m |
| Equity | €532.92m |
| Total liabilities | €439.29m |
| Total assets | €972.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: UD1U's short term assets (€93.7M) exceed its short term liabilities (€36.8M).
Long Term Liabilities: UD1U's short term assets (€93.7M) do not cover its long term liabilities (€402.5M).
Debt to Equity History and Analysis
Debt Level: UD1U's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: UD1U's debt to equity ratio has increased from 63.7% to 67% over the past 5 years.
Debt Coverage: UD1U's debt is not well covered by operating cash flow (13%).
Interest Coverage: UD1U's interest payments on its debt are well covered by EBIT (7.1x coverage).