Grifols Balance Sheet Health
Financial Health criteria checks 2/6
Grifols has a total shareholder equity of €8.0B and total debt of €9.9B, which brings its debt-to-equity ratio to 123.2%. Its total assets and total liabilities are €20.3B and €12.3B respectively. Grifols's EBIT is €971.7M making its interest coverage ratio 1.8. It has cash and short-term investments of €806.7M.
Key information
123.2%
Debt to equity ratio
€9.85b
Debt
| Interest coverage ratio | 1.8x |
| Cash | €806.74m |
| Equity | €8.00b |
| Total liabilities | €12.29b |
| Total assets | €20.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G0F's short term assets (€5.3B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: G0F's short term assets (€5.3B) do not cover its long term liabilities (€9.9B).
Debt to Equity History and Analysis
Debt Level: G0F's net debt to equity ratio (113.1%) is considered high.
Reducing Debt: G0F's debt to equity ratio has reduced from 138.3% to 123.2% over the past 5 years.
Debt Coverage: G0F's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: G0F's interest payments on its debt are not well covered by EBIT (1.8x coverage).