Grand City Properties Balance Sheet Health
Financial Health criteria checks 2/6
Grand City Properties has a total shareholder equity of €5.2B and total debt of €4.4B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are €10.9B and €5.7B respectively. Grand City Properties's EBIT is €308.5M making its interest coverage ratio 5.4. It has cash and short-term investments of €1.2B.
Key information
84.7%
Debt to equity ratio
€4.43b
Debt
| Interest coverage ratio | 5.4x |
| Cash | €1.23b |
| Equity | €5.23b |
| Total liabilities | €5.69b |
| Total assets | €10.92b |
Recent financial health updates
Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
Dec 18
Is Grand City Properties (ETR:GYC) A Risky Investment?
Aug 24Is Grand City Properties (ETR:GYC) A Risky Investment?
May 17We Think Grand City Properties (ETR:GYC) Is Taking Some Risk With Its Debt
Jan 25Is Grand City Properties (ETR:GYC) A Risky Investment?
Jul 23Does Grand City Properties (ETR:GYC) Have A Healthy Balance Sheet?
Apr 09Recent updates
Estimating The Intrinsic Value Of Grand City Properties S.A. (ETR:GYC)
Apr 19A Look At The Fair Value Of Grand City Properties S.A. (ETR:GYC)
Jan 18Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
Dec 18A Look At The Intrinsic Value Of Grand City Properties S.A. (ETR:GYC)
Sep 28Is Grand City Properties (ETR:GYC) A Risky Investment?
Aug 24Is Grand City Properties (ETR:GYC) A Risky Investment?
May 17A Look At The Fair Value Of Grand City Properties S.A. (ETR:GYC)
Apr 14Grand City Properties S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 19We Think Grand City Properties (ETR:GYC) Is Taking Some Risk With Its Debt
Jan 25Are Investors Undervaluing Grand City Properties S.A. (ETR:GYC) By 26%?
Jan 04Is Grand City Properties (ETR:GYC) A Risky Investment?
Jul 23Does Grand City Properties (ETR:GYC) Have A Healthy Balance Sheet?
Apr 09Is Grand City Properties (ETR:GYC) A Risky Investment?
Jan 06Is Grand City Properties (ETR:GYC) Using Too Much Debt?
Sep 27Here's Why Grand City Properties (ETR:GYC) Has A Meaningful Debt Burden
Jun 23Do Fundamentals Have Any Role To Play In Driving Grand City Properties S.A.'s (ETR:GYC) Stock Up Recently?
Mar 17Grand City Properties' (ETR:GYC) Shareholders Are Down 11% On Their Shares
Jan 31What To Know Before Buying Grand City Properties S.A. (ETR:GYC) For Its Dividend
Jan 12
What Kind Of Shareholders Own Grand City Properties S.A. (ETR:GYC)?
Dec 22Financial Position Analysis
Short Term Liabilities: GYC's short term assets (€1.8B) exceed its short term liabilities (€653.7M).
Long Term Liabilities: GYC's short term assets (€1.8B) do not cover its long term liabilities (€5.0B).
Debt to Equity History and Analysis
Debt Level: GYC's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: GYC's debt to equity ratio has increased from 71.1% to 84.7% over the past 5 years.
Debt Coverage: GYC's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: GYC's interest payments on its debt are well covered by EBIT (5.4x coverage).