Gigas Hosting Balance Sheet Health
Financial Health criteria checks 2/6
Gigas Hosting has a total shareholder equity of €32.1M and total debt of €61.1M, which brings its debt-to-equity ratio to 190.3%. Its total assets and total liabilities are €162.0M and €129.9M respectively.
Key information
190.32%
Debt to equity ratio
€61.12m
Debt
| Interest coverage ratio | n/a |
| Cash | €22.16m |
| Equity | €32.12m |
| Total liabilities | €129.88m |
| Total assets | €162.00m |
Recent financial health updates
Is Gigas Hosting (BME:GIGA) Weighed On By Its Debt Load?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Health Check: How Prudently Does Gigas Hosting (BME:GIGA) Use Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent updates
Financial Position Analysis
Short Term Liabilities: GIGA's short term assets (€41.7M) do not cover its short term liabilities (€45.6M).
Long Term Liabilities: GIGA's short term assets (€41.7M) do not cover its long term liabilities (€84.3M).
Debt to Equity History and Analysis
Debt Level: GIGA's net debt to equity ratio (121.3%) is considered high.
Reducing Debt: GIGA's debt to equity ratio has increased from 28.4% to 190.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GIGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GIGA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/10 17:53 |
| End of Day Share Price | 2026/09/10 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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Learn about the who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Gigas Hosting, S.A. is covered by 1 analysts. 1 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 |
|---|---|
| Luis Padrón de la Cruz | GVC Gaesco Valores |