Fortress Real Estate Investments Balance Sheet Health
Financial Health criteria checks 0/6
Fortress Real Estate Investments has a total shareholder equity of ZAR36.5B and total debt of ZAR19.7B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are ZAR58.1B and ZAR21.6B respectively. Fortress Real Estate Investments's EBIT is ZAR4.3B making its interest coverage ratio 2.9. It has cash and short-term investments of ZAR267.6M.
Key information
53.9%
Debt to equity ratio
R19.70b
Debt
Interest coverage ratio | 2.9x |
Cash | R267.55m |
Equity | R36.55b |
Total liabilities | R21.56b |
Total assets | R58.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFB's short term assets (ZAR2.1B) do not cover its short term liabilities (ZAR4.3B).
Long Term Liabilities: FFB's short term assets (ZAR2.1B) do not cover its long term liabilities (ZAR17.3B).
Debt to Equity History and Analysis
Debt Level: FFB's net debt to equity ratio (53.2%) is considered high.
Reducing Debt: FFB's debt to equity ratio has increased from 50.4% to 53.9% over the past 5 years.
Debt Coverage: FFB's debt is not well covered by operating cash flow (4%).
Interest Coverage: FFB's interest payments on its debt are not well covered by EBIT (2.9x coverage).