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 €146.9M making its interest coverage ratio -275.6. It has cash and short-term investments of €92.0M.
Key information
8.7%
Debt to equity ratio
€70.00m
Debt
| Interest coverage ratio | -275.6x |
| 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 05:52 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
General de Galerías Comerciales SOCIMI, S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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