Fortress Real Estate Investments Balance Sheet Health
Financial Health criteria checks 1/6
Fortress Real Estate Investments has a total shareholder equity of ZAR33.5B and total debt of ZAR19.0B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are ZAR54.2B and ZAR20.7B respectively. Fortress Real Estate Investments's EBIT is ZAR4.3B making its interest coverage ratio 3.7. It has cash and short-term investments of ZAR1.0B.
Key information
56.8%
Debt to equity ratio
R19.04b
Debt
| Interest coverage ratio | 3.7x |
| Cash | R1.03b |
| Equity | R33.52b |
| Total liabilities | R20.72b |
| Total assets | R54.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFA's short term assets (ZAR1.9B) do not cover its short term liabilities (ZAR4.3B).
Long Term Liabilities: FFA's short term assets (ZAR1.9B) do not cover its long term liabilities (ZAR16.4B).
Debt to Equity History and Analysis
Debt Level: FFA's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: FFA's debt to equity ratio has increased from 49.4% to 56.8% over the past 5 years.
Debt Coverage: FFA's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: FFA's interest payments on its debt are well covered by EBIT (3.7x coverage).