Glunz & Jensen Holding Balance Sheet Health
Financial Health criteria checks 4/6
Glunz & Jensen Holding has a total shareholder equity of DKK102.2M and total debt of DKK75.9M, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are DKK219.5M and DKK117.3M respectively. Glunz & Jensen Holding's EBIT is DKK4.4M making its interest coverage ratio 1.1. It has cash and short-term investments of DKK1.2M.
Key information
74.3%
Debt to equity ratio
DKK 75.90m
Debt
| Interest coverage ratio | 1.1x |
| Cash | DKK 1.20m |
| Equity | DKK 102.20m |
| Total liabilities | DKK 117.30m |
| Total assets | DKK 219.50m |
Financial Position Analysis
Short Term Liabilities: GJ's short term assets (DKK60.6M) exceed its short term liabilities (DKK42.3M).
Long Term Liabilities: GJ's short term assets (DKK60.6M) do not cover its long term liabilities (DKK75.0M).
Debt to Equity History and Analysis
Debt Level: GJ's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: GJ's debt to equity ratio has reduced from 109.5% to 74.3% 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: Whilst unprofitable GJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GJ is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.3% per year.