Grifols Balance Sheet Health
Financial Health criteria checks 2/6
Grifols has a total shareholder equity of €8.0B and total debt of €9.5B, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are €21.4B and €13.5B respectively. Grifols's EBIT is €735.7M making its interest coverage ratio 1.9. It has cash and short-term investments of €646.0M.
Key information
119.6%
Debt to equity ratio
€9.54b
Debt
Interest coverage ratio | 1.9x |
Cash | €646.05m |
Equity | €7.97b |
Total liabilities | €13.47b |
Total assets | €21.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G0FB's short term assets (€6.5B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: G0FB's short term assets (€6.5B) do not cover its long term liabilities (€11.2B).
Debt to Equity History and Analysis
Debt Level: G0FB's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: G0FB's debt to equity ratio has reduced from 133.8% to 119.6% over the past 5 years.
Debt Coverage: G0FB's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: G0FB's interest payments on its debt are not well covered by EBIT (1.9x coverage).