Greenyard Balance Sheet Health
Financial Health criteria checks 3/6
Greenyard has a total shareholder equity of €465.5M and total debt of €290.2M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are €2.1B and €1.6B respectively. Greenyard's EBIT is €66.6M making its interest coverage ratio 1.2. It has cash and short-term investments of €103.7M.
Key information
62.3%
Debt to equity ratio
€290.22m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €103.67m |
| Equity | €465.48m |
| Total liabilities | €1.59b |
| Total assets | €2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2P1's short term assets (€854.5M) do not cover its short term liabilities (€1.0B).
Long Term Liabilities: 2P1's short term assets (€854.5M) exceed its long term liabilities (€570.2M).
Debt to Equity History and Analysis
Debt Level: 2P1's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: 2P1's debt to equity ratio has reduced from 133.9% to 62.3% over the past 5 years.
Debt Coverage: 2P1's debt is well covered by operating cash flow (72.9%).
Interest Coverage: 2P1's interest payments on its debt are not well covered by EBIT (1.2x coverage).