Gigaset Balance Sheet Health
Financial Health criteria checks 2/6
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
No updates
Recent updates
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: Insufficient data to determine if GGS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GGS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.