Grammer Balance Sheet Health
Financial Health criteria checks 2/6
Grammer has a total shareholder equity of €313.5M and total debt of €457.1M, which brings its debt-to-equity ratio to 145.8%. Its total assets and total liabilities are €1.6B and €1.3B respectively. Grammer's EBIT is €31.2M making its interest coverage ratio 1. It has cash and short-term investments of €163.6M.
Key information
145.8%
Debt to equity ratio
€457.06m
Debt
Interest coverage ratio | 1x |
Cash | €163.62m |
Equity | €313.54m |
Total liabilities | €1.30b |
Total assets | €1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMM's short term assets (€772.0M) do not cover its short term liabilities (€950.0M).
Long Term Liabilities: GMM's short term assets (€772.0M) exceed its long term liabilities (€346.8M).
Debt to Equity History and Analysis
Debt Level: GMM's net debt to equity ratio (93.6%) is considered high.
Reducing Debt: GMM's debt to equity ratio has increased from 135.7% to 145.8% over the past 5 years.
Debt Coverage: GMM's debt is well covered by operating cash flow (38.3%).
Interest Coverage: GMM's interest payments on its debt are not well covered by EBIT (1x coverage).