How much debt does Glenveagh Properties PLC have?

According to Glenveagh Properties PLC's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Glenveagh Properties PLC's total debt stands at $121.09M. This is broken down into:

• Long-term debt: $116.31M
• Short-term debt: $4.78M

The company's net debt, which accounts for cash and cash equivalents, is $49.23M. In terms of overall financial obligations, Glenveagh Properties PLC's total liabilities amount to $257.19M.

Debt Ratios and Metrics

To better understand Glenveagh Properties PLC's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.18 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 12.95% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 4.37 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 14.18% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 15.15% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Glenveagh Properties PLC's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.