Greif Balance Sheet Health
Financial Health criteria checks 3/6
Greif has a total shareholder equity of $2.2B and total debt of $2.9B, which brings its debt-to-equity ratio to 130.7%. Its total assets and total liabilities are $6.8B and $4.6B respectively. Greif's EBIT is $452.9M making its interest coverage ratio 3.8. It has cash and short-term investments of $194.2M.
Key information
130.7%
Debt to equity ratio
US$2.91b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$194.20m |
| Equity | US$2.23b |
| Total liabilities | US$4.61b |
| Total assets | US$6.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GR3's short term assets ($1.7B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: GR3's short term assets ($1.7B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: GR3's net debt to equity ratio (122%) is considered high.
Reducing Debt: GR3's debt to equity ratio has reduced from 244.6% to 130.7% over the past 5 years.
Debt Coverage: GR3's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: GR3's interest payments on its debt are well covered by EBIT (3.8x coverage).