Gek Terna Balance Sheet Health
Financial Health criteria checks 3/6
Gek Terna has a total shareholder equity of €1.4B and total debt of €2.0B, which brings its debt-to-equity ratio to 137.3%. Its total assets and total liabilities are €6.3B and €4.8B respectively. Gek Terna's EBIT is €370.2M making its interest coverage ratio 3. It has cash and short-term investments of €1.1B.
Key information
137.3%
Debt to equity ratio
€1.97b
Debt
| Interest coverage ratio | 3x |
| Cash | €1.15b |
| Equity | €1.43b |
| Total liabilities | €4.85b |
| Total assets | €6.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1GT's short term assets (€4.6B) exceed its short term liabilities (€2.8B).
Long Term Liabilities: 1GT's short term assets (€4.6B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: 1GT's net debt to equity ratio (57.3%) is considered high.
Reducing Debt: 1GT's debt to equity ratio has reduced from 256% to 137.3% over the past 5 years.
Debt Coverage: 1GT's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 1GT's interest payments on its debt are not well covered by EBIT (3x coverage).