TAG Immobilien Balance Sheet Health
Financial Health criteria checks 2/6
TAG Immobilien has a total shareholder equity of €3.0B and total debt of €3.7B, which brings its debt-to-equity ratio to 122.9%. Its total assets and total liabilities are €7.7B and €4.7B respectively. TAG Immobilien's EBIT is €307.0M making its interest coverage ratio 5.7. It has cash and short-term investments of €669.1M.
Key information
122.9%
Debt to equity ratio
€3.70b
Debt
| Interest coverage ratio | 5.7x |
| Cash | €669.11m |
| Equity | €3.01b |
| Total liabilities | €4.66b |
| Total assets | €7.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAGO.F's short term assets (€1.4B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: TAGO.F's short term assets (€1.4B) do not cover its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: TAGO.F's net debt to equity ratio (100.7%) is considered high.
Reducing Debt: TAGO.F's debt to equity ratio has increased from 115% to 122.9% over the past 5 years.
Debt Coverage: TAGO.F's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: TAGO.F's interest payments on its debt are well covered by EBIT (5.7x coverage).