Gascogne Balance Sheet Health
Financial Health criteria checks 4/6
Gascogne has a total shareholder equity of €193.6M and total debt of €141.4M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are €491.6M and €298.0M respectively. Gascogne's EBIT is €25.5M making its interest coverage ratio 5.2. It has cash and short-term investments of €21.9M.
Key information
73.1%
Debt to equity ratio
€141.44m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €21.94m |
| Equity | €193.59m |
| Total liabilities | €298.03m |
| Total assets | €491.62m |
Recent financial health updates
Recent updates
Gascogne (EPA:ALBI) Hasn't Managed To Accelerate Its Returns
Apr 18
Gascogne (EPA:ALBI) Is Doing The Right Things To Multiply Its Share Price
Sep 28Returns On Capital At Gascogne (EPA:ALBI) Have Hit The Brakes
Jul 30We Like These Underlying Return On Capital Trends At Gascogne (EPA:ALBI)
Mar 18The Return Trends At Gascogne (EPA:ALBI) Look Promising
Oct 14Is Gascogne (EPA:ALBI) A Risky Investment?
May 24Investors Met With Slowing Returns on Capital At Gascogne (EPA:ALBI)
Mar 27Gascogne (EPA:ALBI) Shareholders Booked A 52% Gain In The Last Five Years
Feb 23Does Gascogne's (EPA:ALBI) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 17
Here's What To Make Of Gascogne's (EPA:ALBI) Returns On Capital
Dec 22If You Had Bought Gascogne (EPA:ALBI) Stock Five Years Ago, You Could Pocket A 15% Gain Today
Nov 24Financial Position Analysis
Short Term Liabilities: ALBI's short term assets (€247.5M) exceed its short term liabilities (€173.5M).
Long Term Liabilities: ALBI's short term assets (€247.5M) exceed its long term liabilities (€124.5M).
Debt to Equity History and Analysis
Debt Level: ALBI's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: ALBI's debt to equity ratio has reduced from 99.1% to 73.1% over the past 5 years.
Debt Coverage: ALBI's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: ALBI's interest payments on its debt are well covered by EBIT (5.2x coverage).