Graines Voltz Balance Sheet Health
Financial Health criteria checks 3/6
Graines Voltz has a total shareholder equity of €75.8M and total debt of €77.0M, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are €184.9M and €109.1M respectively. Graines Voltz's EBIT is €1.8M making its interest coverage ratio 1. It has cash and short-term investments of €5.6M.
Key information
101.5%
Debt to equity ratio
€76.99m
Debt
| Interest coverage ratio | 1x |
| Cash | €5.57m |
| Equity | €75.82m |
| Total liabilities | €109.11m |
| Total assets | €184.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8XL's short term assets (€140.0M) exceed its short term liabilities (€83.6M).
Long Term Liabilities: 8XL's short term assets (€140.0M) exceed its long term liabilities (€25.5M).
Debt to Equity History and Analysis
Debt Level: 8XL's net debt to equity ratio (94.2%) is considered high.
Reducing Debt: 8XL's debt to equity ratio has reduced from 111.9% to 101.5% over the past 5 years.
Debt Coverage: 8XL's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 8XL's interest payments on its debt are not well covered by EBIT (1x coverage).