Gimv Balance Sheet Health
Financial Health criteria checks 3/6
Gimv has a total shareholder equity of €1.5B and total debt of €350.0M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are €1.9B and €427.9M respectively. Gimv's EBIT is €223.8M making its interest coverage ratio 62.4. It has cash and short-term investments of €346.8M.
Key information
23.5%
Debt to equity ratio
€350.00m
Debt
| Interest coverage ratio | 62.4x |
| Cash | €346.84m |
| Equity | €1.49b |
| Total liabilities | €427.94m |
| Total assets | €1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GI3's short term assets (€349.9M) exceed its short term liabilities (€34.3M).
Long Term Liabilities: GI3's short term assets (€349.9M) do not cover its long term liabilities (€393.7M).
Debt to Equity History and Analysis
Debt Level: GI3's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: GI3's debt to equity ratio has increased from 0% to 23.5% over the past 5 years.
Debt Coverage: GI3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GI3's interest payments on its debt are well covered by EBIT (62.4x coverage).