Fortress Real Estate Investments Balance Sheet Health
Financial Health criteria checks 0/6
Fortress Real Estate Investments has a total shareholder equity of ZAR30.1B and total debt of ZAR21.6B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are ZAR53.6B and ZAR23.5B respectively. Fortress Real Estate Investments's EBIT is ZAR4.3B making its interest coverage ratio 2.4. It has cash and short-term investments of ZAR2.7B.
Key information
71.9%
Debt to equity ratio
R21.62b
Debt
| Interest coverage ratio | 2.4x |
| Cash | R2.70b |
| Equity | R30.07b |
| Total liabilities | R23.53b |
| Total assets | R53.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFB's short term assets (ZAR4.1B) do not cover its short term liabilities (ZAR6.0B).
Long Term Liabilities: FFB's short term assets (ZAR4.1B) do not cover its long term liabilities (ZAR17.5B).
Debt to Equity History and Analysis
Debt Level: FFB's net debt to equity ratio (62.9%) is considered high.
Reducing Debt: FFB's debt to equity ratio has increased from 49.6% to 71.9% over the past 5 years.
Debt Coverage: FFB's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: FFB's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fortress Real Estate Investments Limited is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mahir Hamdulay | Absa Bank Limited |
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Yesh Pillay | Anchor Stockbrokers Proprietary Limited |