Geratherm Medical Balance Sheet Health
Financial Health criteria checks 5/6
Geratherm Medical has a total shareholder equity of €22.6M and total debt of €7.2M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are €35.7M and €13.1M respectively. Geratherm Medical's EBIT is €2.2M making its interest coverage ratio 36.6. It has cash and short-term investments of €7.7M.
Key information
32.0%
Debt to equity ratio
€7.23m
Debt
Interest coverage ratio | 36.6x |
Cash | €7.74m |
Equity | €22.61m |
Total liabilities | €13.11m |
Total assets | €35.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GME's short term assets (€20.9M) exceed its short term liabilities (€7.2M).
Long Term Liabilities: GME's short term assets (€20.9M) exceed its long term liabilities (€5.9M).
Debt to Equity History and Analysis
Debt Level: GME has more cash than its total debt.
Reducing Debt: GME's debt to equity ratio has increased from 19.3% to 32% over the past 5 years.
Debt Coverage: GME's debt is well covered by operating cash flow (20.4%).
Interest Coverage: GME's interest payments on its debt are well covered by EBIT (36.6x coverage).