Gaztransport & Technigaz Balance Sheet Health
Financial Health criteria checks 5/6
Gaztransport & Technigaz has a total shareholder equity of €336.3M and total debt of €8.3M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are €616.4M and €280.0M respectively. Gaztransport & Technigaz's EBIT is €232.4M making its interest coverage ratio -54.6. It has cash and short-term investments of €267.5M.
Key information
2.5%
Debt to equity ratio
€8.34m
Debt
Interest coverage ratio | -54.6x |
Cash | €267.53m |
Equity | €336.34m |
Total liabilities | €280.05m |
Total assets | €616.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9TG0's short term assets (€518.5M) exceed its short term liabilities (€268.1M).
Long Term Liabilities: 9TG0's short term assets (€518.5M) exceed its long term liabilities (€11.9M).
Debt to Equity History and Analysis
Debt Level: 9TG0 has more cash than its total debt.
Reducing Debt: 9TG0's debt to equity ratio has increased from 1.4% to 2.5% over the past 5 years.
Debt Coverage: 9TG0's debt is well covered by operating cash flow (2590.6%).
Interest Coverage: 9TG0 earns more interest than it pays, so coverage of interest payments is not a concern.