Garofalo Health Care Balance Sheet Health
Financial Health criteria checks 2/6
Garofalo Health Care has a total shareholder equity of €329.9M and total debt of €232.2M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are €838.9M and €509.0M respectively. Garofalo Health Care's EBIT is €50.4M making its interest coverage ratio 3.7. It has cash and short-term investments of €21.0M.
Key information
70.4%
Debt to equity ratio
€232.25m
Debt
| Interest coverage ratio | 3.7x |
| Cash | €21.04m |
| Equity | €329.94m |
| Total liabilities | €508.98m |
| Total assets | €838.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHC's short term assets (€155.1M) exceed its short term liabilities (€138.8M).
Long Term Liabilities: GHC's short term assets (€155.1M) do not cover its long term liabilities (€370.2M).
Debt to Equity History and Analysis
Debt Level: GHC's net debt to equity ratio (64%) is considered high.
Reducing Debt: GHC's debt to equity ratio has increased from 52.2% to 70.4% over the past 5 years.
Debt Coverage: GHC's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: GHC's interest payments on its debt are well covered by EBIT (3.7x coverage).