Gurit Holding Balance Sheet Health
Financial Health criteria checks 5/6
Gurit Holding has a total shareholder equity of CHF78.7M and total debt of CHF70.6M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are CHF278.1M and CHF199.4M respectively. Gurit Holding's EBIT is CHF20.6M making its interest coverage ratio 3.1. It has cash and short-term investments of CHF12.5M.
Key information
89.7%
Debt to equity ratio
CHF70.61m
Debt
| Interest coverage ratio | 3.1x |
| Cash | CHF12.52m |
| Equity | CHF78.70m |
| Total liabilities | CHF199.37m |
| Total assets | CHF278.07m |
Recent financial health updates
These 4 Measures Indicate That Gurit Holding (VTX:GURN) Is Using Debt Extensively
Nov 02
We Think Gurit Holding (VTX:GUR) Can Stay On Top Of Its Debt
Apr 12Gurit Holding (VTX:GUR) Seems To Use Debt Quite Sensibly
Nov 23Does Gurit Holding (VTX:GUR) Have A Healthy Balance Sheet?
May 17Recent updates
It Looks Like Gurit Holding AG's (VTX:GURN) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 12Are Investors Undervaluing Gurit Holding AG (VTX:GURN) By 39%?
Oct 10At CHF93.80, Is It Time To Put Gurit Holding AG (VTX:GURN) On Your Watch List?
Jul 15These 4 Measures Indicate That Gurit Holding (VTX:GURN) Is Using Debt Extensively
Nov 02Is Now The Time To Look At Buying Gurit Holding AG (VTX:GURN)?
Sep 16Is Gurit Holding AG (VTX:GURN) Potentially Undervalued?
May 05We Think Gurit Holding (VTX:GUR) Can Stay On Top Of Its Debt
Apr 12We Think You Can Look Beyond Gurit Holding's (VTX:GUR) Lackluster Earnings
Mar 03Is It Time To Consider Buying Gurit Holding AG (VTX:GUR)?
Feb 01Gurit Holding (VTX:GUR) Seems To Use Debt Quite Sensibly
Nov 23Gurit Holding (VTX:GUR) Might Become A Compounding Machine
Oct 19Gurit Holding (VTX:GUR) Is Achieving High Returns On Its Capital
Jun 19Does Gurit Holding (VTX:GUR) Have A Healthy Balance Sheet?
May 17At CHF2,370, Is It Time To Put Gurit Holding AG (VTX:GUR) On Your Watch List?
Apr 30Gurit Holding AG (VTX:GUR) Is An Attractive Dividend Stock - Here's Why
Mar 19Gurit Holding AG Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 06Shareholders of Gurit Holding (VTX:GUR) Must Be Delighted With Their 383% Total Return
Mar 04Is Gurit Holding (VTX:GUR) The Next Multi-Bagger?
Feb 19How Much Of Gurit Holding AG (VTX:GUR) Do Insiders Own?
Jan 29
Why Gurit Holding AG (VTX:GUR) Could Be Worth Watching
Jan 11Are Robust Financials Driving The Recent Rally In Gurit Holding AG's (VTX:GUR) Stock?
Dec 24Why Dividend Hunters Love Gurit Holding AG (VTX:GUR)
Dec 09Gurit Holding (VTX:GUR) Has Rewarded Shareholders With An Exceptional 311% Total Return On Their Investment
Nov 24Financial Position Analysis
Short Term Liabilities: GURN's short term assets (CHF169.7M) exceed its short term liabilities (CHF122.8M).
Long Term Liabilities: GURN's short term assets (CHF169.7M) exceed its long term liabilities (CHF76.5M).
Debt to Equity History and Analysis
Debt Level: GURN's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: GURN's debt to equity ratio has reduced from 101.6% to 89.7% over the past 5 years.
Debt Coverage: GURN's debt is well covered by operating cash flow (53.3%).
Interest Coverage: GURN's interest payments on its debt are well covered by EBIT (3.1x coverage).