GL Events Balance Sheet Health
Financial Health criteria checks 2/6
GL Events has a total shareholder equity of €582.5M and total debt of €1.0B, which brings its debt-to-equity ratio to 178.7%. Its total assets and total liabilities are €3.0B and €2.5B respectively. GL Events's EBIT is €141.5M making its interest coverage ratio 3.5. It has cash and short-term investments of €540.1M.
Key information
178.7%
Debt to equity ratio
€1.04b
Debt
| Interest coverage ratio | 3.5x |
| Cash | €540.10m |
| Equity | €582.46m |
| Total liabilities | €2.46b |
| Total assets | €3.04b |
Recent financial health updates
These 4 Measures Indicate That GL Events (EPA:GLO) Is Using Debt Extensively
Sep 08
We Think GL Events (EPA:GLO) Is Taking Some Risk With Its Debt
May 18Is GL Events (EPA:GLO) Using Debt In A Risky Way?
May 04Does GL Events (EPA:GLO) Have A Healthy Balance Sheet?
Nov 19
Recent updates
GL Events' (EPA:GLO) Dividend Will Be Increased To €0.70
Apr 26GL Events' (EPA:GLO) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23€26.14: That's What Analysts Think GL Events SA (EPA:GLO) Is Worth After Its Latest Results
Mar 09Return Trends At GL Events (EPA:GLO) Aren't Appealing
Nov 20At €17.24, Is It Time To Put GL Events SA (EPA:GLO) On Your Watch List?
Nov 06These 4 Measures Indicate That GL Events (EPA:GLO) Is Using Debt Extensively
Sep 08GL Events' (EPA:GLO) Returns On Capital Not Reflecting Well On The Business
Jan 24An Intrinsic Calculation For GL Events SA (EPA:GLO) Suggests It's 43% Undervalued
Jan 03News Flash: Analysts Just Made A Notable Upgrade To Their GL Events SA (EPA:GLO) Forecasts
Oct 22GL Events (EPA:GLO) Could Be Struggling To Allocate Capital
Oct 13Should You Think About Buying GL Events SA (EPA:GLO) Now?
Jun 15We Think GL Events (EPA:GLO) Is Taking Some Risk With Its Debt
May 18Is There An Opportunity With GL Events SA's (EPA:GLO) 24% Undervaluation?
Oct 14Is There Now An Opportunity In GL Events SA (EPA:GLO)?
Jul 12Calculating The Fair Value Of GL Events SA (EPA:GLO)
Jun 16Is GL Events (EPA:GLO) Using Debt In A Risky Way?
May 04Estimating The Intrinsic Value Of GL Events SA (EPA:GLO)
Mar 11Here's What GL Events SA's (EPA:GLO) Shareholder Ownership Structure Looks Like
Feb 16GL Events'(EPA:GLO) Share Price Is Down 57% Over The Past Three Years.
Dec 25Does GL Events (EPA:GLO) Have A Healthy Balance Sheet?
Nov 19Financial Position Analysis
Short Term Liabilities: GLO's short term assets (€1.0B) do not cover its short term liabilities (€1.1B).
Long Term Liabilities: GLO's short term assets (€1.0B) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: GLO's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: GLO's debt to equity ratio has increased from 118.3% to 178.7% over the past 5 years.
Debt Coverage: GLO's debt is well covered by operating cash flow (25.9%).
Interest Coverage: GLO's interest payments on its debt are well covered by EBIT (3.5x coverage).