General de Galerías Comerciales SOCIMI Balance Sheet Health
Financial Health criteria checks 5/6
General de Galerías Comerciales SOCIMI has a total shareholder equity of €808.8M and total debt of €70.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are €965.3M and €156.6M respectively. General de Galerías Comerciales SOCIMI's EBIT is €147.2M making its interest coverage ratio -134.1. It has cash and short-term investments of €92.0M.
Key information
8.7%
Debt to equity ratio
€70.00m
Debt
| Interest coverage ratio | -134.1x |
| Cash | €92.00m |
| Equity | €808.75m |
| Total liabilities | €156.55m |
| Total assets | €965.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGC's short term assets (€360.8M) exceed its short term liabilities (€75.5M).
Long Term Liabilities: GGC's short term assets (€360.8M) exceed its long term liabilities (€81.1M).
Debt to Equity History and Analysis
Debt Level: GGC has more cash than its total debt.
Reducing Debt: GGC's debt to equity ratio has increased from 2.2% to 8.7% over the past 5 years.
Debt Coverage: GGC's debt is well covered by operating cash flow (119.2%).
Interest Coverage: GGC earns more interest than it pays, so coverage of interest payments is not a concern.