Empiric Student Property Balance Sheet Health
Financial Health criteria checks 1/6
Empiric Student Property has a total shareholder equity of £710.7M and total debt of £402.4M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are £1.1B and £437.0M respectively. Empiric Student Property's EBIT is £31.3M making its interest coverage ratio 2.4. It has cash and short-term investments of £51.1M.
Key information
56.6%
Debt to equity ratio
UK£402.41m
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£51.09m |
| Equity | UK£710.74m |
| Total liabilities | UK£436.95m |
| Total assets | UK£1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EPCF.F's short term assets (£56.1M) exceed its short term liabilities (£53.1M).
Long Term Liabilities: EPCF.F's short term assets (£56.1M) do not cover its long term liabilities (£383.8M).
Debt to Equity History and Analysis
Debt Level: EPCF.F's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: EPCF.F's debt to equity ratio has increased from 56.4% to 56.6% over the past 5 years.
Debt Coverage: EPCF.F's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: EPCF.F's interest payments on its debt are not well covered by EBIT (2.4x coverage).