LEG Immobilien Balance Sheet Health
Financial Health criteria checks 2/6
LEG Immobilien has a total shareholder equity of €9.9B and total debt of €9.1B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are €21.9B and €12.1B respectively. LEG Immobilien's EBIT is €429.8M making its interest coverage ratio 3.4. It has cash and short-term investments of €328.9M.
Key information
92.3%
Debt to equity ratio
€9.13b
Debt
| Interest coverage ratio | 3.4x |
| Cash | €328.90m |
| Equity | €9.89b |
| Total liabilities | €12.05b |
| Total assets | €21.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGMM.Y's short term assets (€554.9M) do not cover its short term liabilities (€574.3M).
Long Term Liabilities: LGMM.Y's short term assets (€554.9M) do not cover its long term liabilities (€11.5B).
Debt to Equity History and Analysis
Debt Level: LGMM.Y's net debt to equity ratio (89%) is considered high.
Reducing Debt: LGMM.Y's debt to equity ratio has reduced from 111.1% to 92.3% over the past 5 years.
Debt Coverage: LGMM.Y's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: LGMM.Y's interest payments on its debt are well covered by EBIT (3.4x coverage).