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).