European Residential Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
European Residential Real Estate Investment Trust has a total shareholder equity of €447.8M and total debt of €1.2B, which brings its debt-to-equity ratio to 272.1%. Its total assets and total liabilities are €1.7B and €1.3B respectively. European Residential Real Estate Investment Trust's EBIT is €69.0M making its interest coverage ratio 1.4. It has cash and short-term investments of €9.5M.
Key information
272.1%
Debt to equity ratio
€1.22b
Debt
Interest coverage ratio | 1.4x |
Cash | €9.53m |
Equity | €447.77m |
Total liabilities | €1.27b |
Total assets | €1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EREU.F's short term assets (€17.8M) do not cover its short term liabilities (€450.3M).
Long Term Liabilities: EREU.F's short term assets (€17.8M) do not cover its long term liabilities (€824.4M).
Debt to Equity History and Analysis
Debt Level: EREU.F's net debt to equity ratio (270%) is considered high.
Reducing Debt: EREU.F's debt to equity ratio has reduced from 717.7% to 272.1% over the past 5 years.
Debt Coverage: EREU.F's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: EREU.F's interest payments on its debt are not well covered by EBIT (1.4x coverage).