Garofalo Health Care Balance Sheet Health
Financial Health criteria checks 2/6
Garofalo Health Care has a total shareholder equity of €300.9M and total debt of €228.8M, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are €796.2M and €495.3M respectively. Garofalo Health Care's EBIT is €41.8M making its interest coverage ratio 4. It has cash and short-term investments of €22.7M.
Key information
76.1%
Debt to equity ratio
€228.84m
Debt
Interest coverage ratio | 4x |
Cash | €22.68m |
Equity | €300.89m |
Total liabilities | €495.31m |
Total assets | €796.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHC's short term assets (€145.3M) do not cover its short term liabilities (€204.4M).
Long Term Liabilities: GHC's short term assets (€145.3M) do not cover its long term liabilities (€290.9M).
Debt to Equity History and Analysis
Debt Level: GHC's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: GHC's debt to equity ratio has increased from 24.1% to 76.1% over the past 5 years.
Debt Coverage: GHC's debt is well covered by operating cash flow (21.9%).
Interest Coverage: GHC's interest payments on its debt are well covered by EBIT (4x coverage).