Grupo Greening 2022 Balance Sheet Health
Financial Health criteria checks 3/6
Grupo Greening 2022 has a total shareholder equity of €9.2M and total debt of €15.2M, which brings its debt-to-equity ratio to 165.1%. Its total assets and total liabilities are €32.9M and €23.8M respectively. Grupo Greening 2022's EBIT is €3.2M making its interest coverage ratio 13.5. It has cash and short-term investments of €1.3M.
Key information
165.1%
Debt to equity ratio
€15.19m
Debt
Interest coverage ratio | 13.5x |
Cash | €1.27m |
Equity | €9.20m |
Total liabilities | €23.75m |
Total assets | €32.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGR's short term assets (€25.2M) exceed its short term liabilities (€17.6M).
Long Term Liabilities: GGR's short term assets (€25.2M) exceed its long term liabilities (€6.2M).
Debt to Equity History and Analysis
Debt Level: GGR's net debt to equity ratio (151.4%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GGR's interest payments on its debt are well covered by EBIT (13.5x coverage).