Gigaset Balance Sheet Health
Financial Health criteria checks 3/6
Gigaset has a total shareholder equity of €15.6M and total debt of €19.5M, which brings its debt-to-equity ratio to 124.6%. Its total assets and total liabilities are €188.1M and €172.5M respectively.
Key information
124.6%
Debt to equity ratio
€19.47m
Debt
| Interest coverage ratio | n/a |
| Cash | €7.10m |
| Equity | €15.62m |
| Total liabilities | €172.51m |
| Total assets | €188.13m |
Recent financial health updates
Here's Why Gigaset (ETR:GGS) Is Weighed Down By Its Debt Load
Jul 04
Is Gigaset (ETR:GGS) Using Too Much Debt?
Mar 22Does Gigaset (ETR:GGS) Have A Healthy Balance Sheet?
Nov 03Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt
Jul 07Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt
Mar 07Gigaset (ETR:GGS) Has Debt But No Earnings; Should You Worry?
Sep 16Recent updates
Gigaset (ETR:GGS) Has Some Difficulty Using Its Capital Effectively
Aug 01Here's Why Gigaset (ETR:GGS) Is Weighed Down By Its Debt Load
Jul 04Is Gigaset (ETR:GGS) Using Too Much Debt?
Mar 22Does Gigaset (ETR:GGS) Have A Healthy Balance Sheet?
Nov 03Why Gigaset AG (ETR:GGS) Could Be Worth Watching
Oct 05Here's What's Concerning About Gigaset's (ETR:GGS) Returns On Capital
Sep 08Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt
Jul 07Gigaset (ETR:GGS) Seems To Be Using A Lot Of Debt
Mar 07Gigaset (ETR:GGS) Has Debt But No Earnings; Should You Worry?
Sep 16Is Gigaset (ETR:GGS) Using Debt Sensibly?
May 15If You Had Bought Gigaset's (ETR:GGS) Shares Three Years Ago You Would Be Down 57%
Jan 30
Financial Position Analysis
Short Term Liabilities: GGS's short term assets (€96.8M) exceed its short term liabilities (€96.6M).
Long Term Liabilities: GGS's short term assets (€96.8M) exceed its long term liabilities (€75.9M).
Debt to Equity History and Analysis
Debt Level: GGS's net debt to equity ratio (79.2%) is considered high.
Reducing Debt: GGS's debt to equity ratio has increased from 21.2% to 124.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GGS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GGS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/23 07:23 |
| End of Day Share Price | 2023/09/25 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gigaset AG is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Heiko Feber | Bankhaus Lampe KG |
| Benjamin Kohnke | Deutsche Bank |
| Cengizhan Sen | equinet Bank AG (ESN) |