Grimoldi Balance Sheet Health
Financial Health criteria checks 6/6
Grimoldi has a total shareholder equity of ARS30.8B and total debt of ARS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ARS68.3B and ARS37.5B respectively. Grimoldi's EBIT is ARS33.9B making its interest coverage ratio 1. It has cash and short-term investments of ARS12.0B.
Key information
0%
Debt to equity ratio
AR$0
Debt
| Interest coverage ratio | 1x |
| Cash | AR$12.02b |
| Equity | AR$30.79b |
| Total liabilities | AR$37.53b |
| Total assets | AR$68.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRIM's short term assets (ARS57.9B) exceed its short term liabilities (ARS34.7B).
Long Term Liabilities: GRIM's short term assets (ARS57.9B) exceed its long term liabilities (ARS2.8B).
Debt to Equity History and Analysis
Debt Level: GRIM is debt free.
Reducing Debt: GRIM has no debt compared to 5 years ago when its debt to equity ratio was 65.2%.
Debt Coverage: GRIM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRIM has no debt, therefore coverage of interest payments is not a concern.