Galenica Balance Sheet Health
Financial Health criteria checks 6/6
Galenica has a total shareholder equity of CHF1.5B and total debt of CHF489.9M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are CHF3.0B and CHF1.5B respectively. Galenica's EBIT is CHF191.3M making its interest coverage ratio 24.8. It has cash and short-term investments of CHF116.2M.
Key information
33.2%
Debt to equity ratio
CHF489.86m
Debt
| Interest coverage ratio | 24.8x |
| Cash | CHF116.16m |
| Equity | CHF1.48b |
| Total liabilities | CHF1.52b |
| Total assets | CHF2.99b |
Recent financial health updates
Is Galenica (VTX:GALE) Using Too Much Debt?
Oct 11
These 4 Measures Indicate That Galenica (VTX:GALE) Is Using Debt Reasonably Well
Jun 20We Think Galenica (VTX:GALE) Can Stay On Top Of Its Debt
Mar 12These 4 Measures Indicate That Galenica (VTX:GALE) Is Using Debt Reasonably Well
Nov 28Is Galenica (VTX:GALE) A Risky Investment?
Aug 30Galenica (VTX:GALE) Could Easily Take On More Debt
Apr 06Recent updates
Galenica AG (VTX:GALE) Investors Are Less Pessimistic Than Expected
Apr 25We Think The Compensation For Galenica AG's (VTX:GALE) CEO Looks About Right
Apr 04Slowing Rates Of Return At Galenica (VTX:GALE) Leave Little Room For Excitement
Mar 29Pinning Down Galenica AG's (VTX:GALE) P/E Is Difficult Right Now
Jan 22Is There An Opportunity With Galenica AG's (VTX:GALE) 42% Undervaluation?
Jan 04Returns On Capital At Galenica (VTX:GALE) Have Hit The Brakes
Oct 26Is Galenica (VTX:GALE) Using Too Much Debt?
Oct 11Are Investors Undervaluing Galenica AG (VTX:GALE) By 42%?
Sep 26These 4 Measures Indicate That Galenica (VTX:GALE) Is Using Debt Reasonably Well
Jun 20Here's What To Make Of Galenica's (VTX:GALE) Decelerating Rates Of Return
Apr 17We Think Galenica (VTX:GALE) Can Stay On Top Of Its Debt
Mar 12Returns On Capital At Galenica (VTX:GALE) Have Hit The Brakes
Jan 08These 4 Measures Indicate That Galenica (VTX:GALE) Is Using Debt Reasonably Well
Nov 28The Returns At Galenica (VTX:GALE) Aren't Growing
Sep 20Is Galenica (VTX:GALE) A Risky Investment?
Aug 30Return Trends At Galenica (VTX:GALE) Aren't Appealing
Jun 15Galenica (VTX:GALE) Could Easily Take On More Debt
Apr 06Galenica (VTX:GALE) Has More To Do To Multiply In Value Going Forward
Feb 15Should You Be Adding Galenica (VTX:GALE) To Your Watchlist Today?
Jan 02Does Galenica (VTX:GALE) Have A Healthy Balance Sheet?
Nov 30Returns At Galenica (VTX:GALE) Appear To Be Weighed Down
Oct 24With EPS Growth And More, Galenica (VTX:GALE) Is Interesting
Sep 25Galenica (VTX:GALE) Seems To Use Debt Quite Sensibly
Aug 24Galenica (VTX:GALE) Has More To Do To Multiply In Value Going Forward
Jul 24If You Like EPS Growth Then Check Out Galenica (VTX:GALE) Before It's Too Late
Jun 12Investors Met With Slowing Returns on Capital At Galenica (VTX:GALE)
Apr 07Galenica (VTX:GALE) Seems To Use Debt Quite Sensibly
Mar 25Galenica AG Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 11Is Galenica AG (VTX:GALE) The Right Choice For A Smart Dividend Investor?
Feb 27Are Institutions Heavily Invested In Galenica AG's (VTX:GALE) Shares?
Jan 31
Galenica (VTX:GALE) Shareholders Have Enjoyed A 25% Share Price Gain
Jan 13Is Galenica (VTX:GALE) Likely To Turn Things Around?
Dec 25Is Galenica (VTX:GALE) A Risky Investment?
Dec 09Is Galenica AG (VTX:GALE) An Attractive Dividend Stock?
Nov 24Financial Position Analysis
Short Term Liabilities: GALE's short term assets (CHF1.0B) exceed its short term liabilities (CHF772.3M).
Long Term Liabilities: GALE's short term assets (CHF1.0B) exceed its long term liabilities (CHF743.5M).
Debt to Equity History and Analysis
Debt Level: GALE's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: GALE's debt to equity ratio has reduced from 43.8% to 33.2% over the past 5 years.
Debt Coverage: GALE's debt is well covered by operating cash flow (46.1%).
Interest Coverage: GALE's interest payments on its debt are well covered by EBIT (24.8x coverage).