Grigeo Balance Sheet Health
Financial Health criteria checks 6/6
Grigeo has a total shareholder equity of €116.6M and total debt of €4.6M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are €156.9M and €40.3M respectively. Grigeo's EBIT is €29.3M making its interest coverage ratio -129.6. It has cash and short-term investments of €39.1M.
Key information
4.0%
Debt to equity ratio
€4.64m
Debt
Interest coverage ratio | -129.6x |
Cash | €39.15m |
Equity | €116.59m |
Total liabilities | €40.29m |
Total assets | €156.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WM8's short term assets (€75.1M) exceed its short term liabilities (€30.6M).
Long Term Liabilities: WM8's short term assets (€75.1M) exceed its long term liabilities (€9.7M).
Debt to Equity History and Analysis
Debt Level: WM8 has more cash than its total debt.
Reducing Debt: WM8's debt to equity ratio has reduced from 35.9% to 4% over the past 5 years.
Debt Coverage: WM8's debt is well covered by operating cash flow (864.4%).
Interest Coverage: WM8 earns more interest than it pays, so coverage of interest payments is not a concern.