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Glatfelter Balance Sheet Health
Financial Health criteria checks 3/6
Glatfelter has a total shareholder equity of $206.7M and total debt of $887.6M, which brings its debt-to-equity ratio to 429.4%. Its total assets and total liabilities are $1.5B and $1.3B respectively. Glatfelter's EBIT is $13.9M making its interest coverage ratio 0.2. It has cash and short-term investments of $41.6M.
Key information
429.4%
Debt to equity ratio
US$887.59m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$41.64m |
| Equity | US$206.70m |
| Total liabilities | US$1.31b |
| Total assets | US$1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W2B's short term assets ($586.1M) exceed its short term liabilities ($262.8M).
Long Term Liabilities: W2B's short term assets ($586.1M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: W2B's net debt to equity ratio (409.3%) is considered high.
Reducing Debt: W2B's debt to equity ratio has increased from 65.3% to 429.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: W2B has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: W2B has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 53.8% each year.