GVS Balance Sheet Health
Financial Health criteria checks 4/6
GVS has a total shareholder equity of €347.1M and total debt of €438.4M, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are €986.6M and €639.4M respectively. GVS's EBIT is €67.7M making its interest coverage ratio 3. It has cash and short-term investments of €174.2M.
Key information
126.3%
Debt to equity ratio
€438.36m
Debt
Interest coverage ratio | 3x |
Cash | €174.19m |
Equity | €347.13m |
Total liabilities | €639.42m |
Total assets | €986.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4YQ's short term assets (€347.6M) exceed its short term liabilities (€220.3M).
Long Term Liabilities: 4YQ's short term assets (€347.6M) do not cover its long term liabilities (€419.1M).
Debt to Equity History and Analysis
Debt Level: 4YQ's net debt to equity ratio (76.1%) is considered high.
Reducing Debt: 4YQ's debt to equity ratio has reduced from 252.3% to 126.3% over the past 5 years.
Debt Coverage: 4YQ's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 4YQ's interest payments on its debt are well covered by EBIT (3x coverage).