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
Is Grammer (ETR:GMM) Using Too Much Debt?
Jul 24
Is Grammer (ETR:GMM) Using Debt Sensibly?
Jan 12Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?
Jul 08Is Grammer (ETR:GMM) Using Too Much Debt?
Jun 02Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?
Jan 29Recent updates
Is Grammer (ETR:GMM) Using Too Much Debt?
Jul 24Is Grammer (ETR:GMM) Using Debt Sensibly?
Jan 12Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?
Jul 08When Should You Buy Grammer AG (ETR:GMM)?
Dec 06Shareholders Will Be Pleased With The Quality of Grammer's (ETR:GMM) Earnings
Aug 19Is Grammer (ETR:GMM) Using Too Much Debt?
Jun 02Is Grammer AG (ETR:GMM) Trading At A 32% Discount?
May 03Earnings Update: Here's Why Analysts Just Lifted Their Grammer AG (ETR:GMM) Price Target To €28.25
Apr 03Does Grammer (ETR:GMM) Have A Healthy Balance Sheet?
Jan 29Financial 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).