Grenke Balance Sheet Health
Financial Health criteria checks 3/6
Grenke has a total shareholder equity of €1.3B and total debt of €4.6B, which brings its debt-to-equity ratio to 353.2%. Its total assets and total liabilities are €8.2B and €6.8B respectively.
Key information
353.2%
Debt to equity ratio
€4.63b
Debt
| Interest coverage ratio | n/a |
| Cash | €1.25b |
| Equity | €1.31b |
| Total liabilities | €6.84b |
| Total assets | €8.16b |
Recent financial health updates
No updates
Recent updates
Grenke AG (ETR:GLJ) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 02
A Piece Of The Puzzle Missing From Grenke AG's (ETR:GLJ) 28% Share Price Climb
Jul 12Take Care Before Diving Into The Deep End On Grenke AG (ETR:GLJ)
Mar 21Potential Upside For Grenke AG (ETR:GLJ) Not Without Risk
Dec 21Grenke AG (ETR:GLJ) Has Got What It Takes To Be An Attractive Dividend Stock
Feb 21
What Percentage Of Grenke AG (ETR:GLJ) Shares Do Insiders Own?
Jan 26What Type Of Returns Would Grenke's(ETR:GLJ) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 09Are You An Income Investor? Don't Miss Out On Grenke AG (ETR:GLJ)
Nov 18Financial Position Analysis
Short Term Liabilities: GLJ's short term assets (€7.9B) exceed its short term liabilities (€4.0B).
Long Term Liabilities: GLJ's short term assets (€7.9B) exceed its long term liabilities (€2.9B).
Debt to Equity History and Analysis
Debt Level: GLJ's net debt to equity ratio (258.2%) is considered high.
Reducing Debt: GLJ's debt to equity ratio has reduced from 400.9% to 353.2% over the past 5 years.
Debt Coverage: GLJ's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: Insufficient data to determine if GLJ's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Grenke AG is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andreas Schäfer | Bankhaus Lampe KG |
| Martin Comtesse | Berenberg |
| Claus Roller | BofA Global Research |