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 €686.1M and total debt of €70.0M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are €875.5M and €189.4M respectively. General de Galerías Comerciales SOCIMI's EBIT is €110.2M making its interest coverage ratio -169.7. It has cash and short-term investments of €87.7M.
Key information
10.2%
Debt to equity ratio
€70.00m
Debt
Interest coverage ratio | -169.7x |
Cash | €87.66m |
Equity | €686.11m |
Total liabilities | €189.37m |
Total assets | €875.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGC's short term assets (€331.5M) exceed its short term liabilities (€77.6M).
Long Term Liabilities: GGC's short term assets (€331.5M) exceed its long term liabilities (€111.8M).
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 2.9% to 10.2% over the past 5 years.
Debt Coverage: GGC's debt is well covered by operating cash flow (159.5%).
Interest Coverage: GGC earns more interest than it pays, so coverage of interest payments is not a concern.