Grammer Balance Sheet Health
Financial Health criteria checks 3/6
Grammer has a total shareholder equity of €313.4M and total debt of €453.7M, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are €1.5B and €1.2B respectively. Grammer's EBIT is €39.0M making its interest coverage ratio 1.3. It has cash and short-term investments of €131.0M.
Key information
144.8%
Debt to equity ratio
€453.65m
Debt
Interest coverage ratio | 1.3x |
Cash | €131.01m |
Equity | €313.36m |
Total liabilities | €1.22b |
Total assets | €1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMM's short term assets (€720.8M) do not cover its short term liabilities (€842.6M).
Long Term Liabilities: GMM's short term assets (€720.8M) exceed its long term liabilities (€378.4M).
Debt to Equity History and Analysis
Debt Level: GMM's net debt to equity ratio (103%) is considered high.
Reducing Debt: GMM's debt to equity ratio has reduced from 145.6% to 144.8% over the past 5 years.
Debt Coverage: GMM's debt is well covered by operating cash flow (29.2%).
Interest Coverage: GMM's interest payments on its debt are not well covered by EBIT (1.3x coverage).