Greenthesis Balance Sheet Health
Financial Health criteria checks 3/6
Greenthesis has a total shareholder equity of €39.0M and total debt of €149.4M, which brings its debt-to-equity ratio to 383.6%. Its total assets and total liabilities are €419.8M and €380.9M respectively. Greenthesis's EBIT is €26.6M making its interest coverage ratio 6.1. It has cash and short-term investments of €83.2M.
Key information
383.6%
Debt to equity ratio
€149.43m
Debt
| Interest coverage ratio | 6.1x |
| Cash | €83.16m |
| Equity | €38.96m |
| Total liabilities | €380.86m |
| Total assets | €419.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJW's short term assets (€167.4M) exceed its short term liabilities (€115.0M).
Long Term Liabilities: SJW's short term assets (€167.4M) do not cover its long term liabilities (€265.8M).
Debt to Equity History and Analysis
Debt Level: SJW's net debt to equity ratio (170.1%) is considered high.
Reducing Debt: SJW's debt to equity ratio has increased from 8.7% to 383.6% over the past 5 years.
Debt Coverage: SJW's debt is well covered by operating cash flow (23%).
Interest Coverage: SJW's interest payments on its debt are well covered by EBIT (6.1x coverage).