Gimv Balance Sheet Health
Financial Health criteria checks 3/6
Gimv has a total shareholder equity of €1.4B and total debt of €350.0M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are €1.8B and €413.3M respectively. Gimv's EBIT is €193.3M making its interest coverage ratio 31.5. It has cash and short-term investments of €191.6M.
Key information
24.4%
Debt to equity ratio
€350.00m
Debt
Interest coverage ratio | 31.5x |
Cash | €191.60m |
Equity | €1.43b |
Total liabilities | €413.30m |
Total assets | €1.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GIMB's short term assets (€193.8M) exceed its short term liabilities (€19.6M).
Long Term Liabilities: GIMB's short term assets (€193.8M) do not cover its long term liabilities (€393.7M).
Debt to Equity History and Analysis
Debt Level: GIMB's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: GIMB's debt to equity ratio has increased from 0% to 24.4% over the past 5 years.
Debt Coverage: GIMB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GIMB's interest payments on its debt are well covered by EBIT (31.5x coverage).