GVS Balance Sheet Health
Financial Health criteria checks 4/6
GVS has a total shareholder equity of €357.4M and total debt of €409.2M, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are €945.3M and €587.9M respectively. GVS's EBIT is €71.9M making its interest coverage ratio 3.1. It has cash and short-term investments of €59.2M.
Key information
114.5%
Debt to equity ratio
€409.24m
Debt
Interest coverage ratio | 3.1x |
Cash | €59.20m |
Equity | €357.41m |
Total liabilities | €587.93m |
Total assets | €945.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4YQ's short term assets (€313.2M) exceed its short term liabilities (€219.2M).
Long Term Liabilities: 4YQ's short term assets (€313.2M) do not cover its long term liabilities (€368.7M).
Debt to Equity History and Analysis
Debt Level: 4YQ's net debt to equity ratio (97.9%) is considered high.
Reducing Debt: 4YQ's debt to equity ratio has reduced from 210.8% to 114.5% over the past 5 years.
Debt Coverage: 4YQ's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 4YQ's interest payments on its debt are well covered by EBIT (3.1x coverage).