Greiffenberger Balance Sheet Health
Financial Health criteria checks 6/6
Greiffenberger has a total shareholder equity of €32.7M and total debt of €4.1M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are €62.1M and €29.3M respectively. Greiffenberger's EBIT is €2.2M making its interest coverage ratio 3.6. It has cash and short-term investments of €775.0K.
Key information
12.5%
Debt to equity ratio
€4.09m
Debt
Interest coverage ratio | 3.6x |
Cash | €775.00k |
Equity | €32.74m |
Total liabilities | €29.34m |
Total assets | €62.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GRF's short term assets (€46.1M) exceed its short term liabilities (€16.4M).
Long Term Liabilities: GRF's short term assets (€46.1M) exceed its long term liabilities (€12.9M).
Debt to Equity History and Analysis
Debt Level: GRF's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: GRF's debt to equity ratio has reduced from 245.2% to 12.5% over the past 5 years.
Debt Coverage: GRF's debt is well covered by operating cash flow (127%).
Interest Coverage: GRF's interest payments on its debt are well covered by EBIT (3.6x coverage).