Griñó Ecologic Balance Sheet Health
Financial Health criteria checks 6/6
Griñó Ecologic has a total shareholder equity of €39.3M and total debt of €13.6M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are €78.4M and €39.2M respectively. Griñó Ecologic's EBIT is €5.5M making its interest coverage ratio 19.9. It has cash and short-term investments of €22.6M.
Key information
34.6%
Debt to equity ratio
€13.60m
Debt
| Interest coverage ratio | 19.9x |
| Cash | €22.59m |
| Equity | €39.27m |
| Total liabilities | €39.16m |
| Total assets | €78.44m |
Recent financial health updates
No updates
Recent updates
Some May Be Optimistic About Griñó Ecologic's (BME:GRI) Earnings
Nov 08
Calculating The Intrinsic Value Of Griñó Ecologic, S.A. (BME:GRI)
Oct 06Returns On Capital Are Showing Encouraging Signs At Griñó Ecologic (BME:GRI)
May 17What Can The Trends At Griñó Ecologic (BME:GRI) Tell Us About Their Returns?
Feb 01Financial Position Analysis
Short Term Liabilities: GRI's short term assets (€44.0M) exceed its short term liabilities (€30.7M).
Long Term Liabilities: GRI's short term assets (€44.0M) exceed its long term liabilities (€8.5M).
Debt to Equity History and Analysis
Debt Level: GRI has more cash than its total debt.
Reducing Debt: GRI's debt to equity ratio has reduced from 36.1% to 34.6% over the past 5 years.
Debt Coverage: GRI's debt is well covered by operating cash flow (66.8%).
Interest Coverage: GRI's interest payments on its debt are well covered by EBIT (19.9x coverage).