Gévelot Balance Sheet Health
Financial Health criteria checks 6/6
Gévelot has a total shareholder equity of €220.6M and total debt of €547.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are €314.5M and €93.8M respectively. Gévelot's EBIT is €12.8M making its interest coverage ratio -2.9. It has cash and short-term investments of €23.4M.
Key information
0.2%
Debt to equity ratio
€547.00k
Debt
Interest coverage ratio | -2.9x |
Cash | €23.40m |
Equity | €220.65m |
Total liabilities | €93.83m |
Total assets | €314.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALGEV's short term assets (€258.9M) exceed its short term liabilities (€85.1M).
Long Term Liabilities: ALGEV's short term assets (€258.9M) exceed its long term liabilities (€8.7M).
Debt to Equity History and Analysis
Debt Level: ALGEV has more cash than its total debt.
Reducing Debt: ALGEV's debt to equity ratio has reduced from 5.5% to 0.2% over the past 5 years.
Debt Coverage: ALGEV's debt is well covered by operating cash flow (1620.1%).
Interest Coverage: ALGEV earns more interest than it pays, so coverage of interest payments is not a concern.