Greening Group Global Balance Sheet Health
Financial Health criteria checks 3/6
Greening Group Global has a total shareholder equity of €33.7M and total debt of €39.4M, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are €112.8M and €79.1M respectively. Greening Group Global's EBIT is €7.3M making its interest coverage ratio 3.3. It has cash and short-term investments of €16.3M.
Key information
116.9%
Debt to equity ratio
€39.43m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €16.28m |
| Equity | €33.72m |
| Total liabilities | €79.08m |
| Total assets | €112.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGR's short term assets (€69.0M) exceed its short term liabilities (€66.4M).
Long Term Liabilities: GGR's short term assets (€69.0M) exceed its long term liabilities (€12.7M).
Debt to Equity History and Analysis
Debt Level: GGR's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: Insufficient data to determine if GGR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GGR's debt is not well covered by operating cash flow (12%).
Interest Coverage: GGR's interest payments on its debt are well covered by EBIT (3.3x coverage).