Grifols Balance Sheet Health
Financial Health criteria checks 2/6
Grifols has a total shareholder equity of €8.0B and total debt of €9.5B, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are €21.4B and €13.5B respectively. Grifols's EBIT is €735.7M making its interest coverage ratio 1.9. It has cash and short-term investments of €646.0M.
Key information
119.6%
Debt to equity ratio
€9.54b
Debt
| Interest coverage ratio | 1.9x |
| Cash | €646.05m |
| Equity | €7.97b |
| Total liabilities | €13.47b |
| Total assets | €21.44b |
Recent financial health updates
Does Grifols (BME:GRF) Have A Healthy Balance Sheet?
Feb 20
Here's Why Grifols (BME:GRF) Is Weighed Down By Its Debt Load
Nov 10Is Grifols (BME:GRF) A Risky Investment?
Aug 03Is Grifols (BME:GRF) Using Too Much Debt?
Apr 30Grifols (BME:GRF) Seems To Be Using A Lot Of Debt
Nov 18Here's Why Grifols (BME:GRF) Is Weighed Down By Its Debt Load
Aug 18Recent updates
Are Investors Undervaluing Grifols, S.A. (BME:GRF) By 32%?
Apr 20Grifols, S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 04Revenues Working Against Grifols, S.A.'s (BME:GRF) Share Price Following 27% Dive
Mar 01Does Grifols (BME:GRF) Have A Healthy Balance Sheet?
Feb 20Benign Growth For Grifols, S.A. (BME:GRF) Underpins Its Share Price
Jan 09Here's Why Grifols (BME:GRF) Is Weighed Down By Its Debt Load
Nov 10Is Grifols, S.A. (BME:GRF) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 20Is Grifols (BME:GRF) A Risky Investment?
Aug 03Calculating The Fair Value Of Grifols, S.A. (BME:GRF)
May 18Is Grifols (BME:GRF) Using Too Much Debt?
Apr 30Grifols (BME:GRF) Seems To Be Using A Lot Of Debt
Nov 18An Intrinsic Calculation For Grifols, S.A. (BME:GRF) Suggests It's 45% Undervalued
Oct 26Here's Why Grifols (BME:GRF) Is Weighed Down By Its Debt Load
Aug 18Financial Position Analysis
Short Term Liabilities: GRF's short term assets (€6.5B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: GRF's short term assets (€6.5B) do not cover its long term liabilities (€11.2B).
Debt to Equity History and Analysis
Debt Level: GRF's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: GRF's debt to equity ratio has reduced from 133.8% to 119.6% over the past 5 years.
Debt Coverage: GRF's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: GRF's interest payments on its debt are not well covered by EBIT (1.9x coverage).