Galimmo Balance Sheet Health
Financial Health criteria checks 3/6
Galimmo has a total shareholder equity of €484.8M and total debt of €204.6M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are €849.0M and €364.2M respectively. Galimmo's EBIT is €32.5M making its interest coverage ratio 4.5. It has cash and short-term investments of €58.8M.
Key information
42.2%
Debt to equity ratio
€204.61m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €58.78m |
| Equity | €484.81m |
| Total liabilities | €364.23m |
| Total assets | €849.04m |
Recent financial health updates
These 4 Measures Indicate That Galimmo (EPA:GALIM) Is Using Debt Extensively
Mar 22
We Think Galimmo (EPA:GALIM) Is Taking Some Risk With Its Debt
Nov 26Recent updates
Are Dividend Investors Getting More Than They Bargained For With Galimmo SCA's (EPA:GALIM) Dividend?
May 03These 4 Measures Indicate That Galimmo (EPA:GALIM) Is Using Debt Extensively
Mar 22What Type Of Returns Would Galimmo's(EPA:GALIM) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 15Is Galimmo SCA (EPA:GALIM) At Risk Of Cutting Its Dividend?
Dec 22We Think Galimmo (EPA:GALIM) Is Taking Some Risk With Its Debt
Nov 26Financial Position Analysis
Short Term Liabilities: GALIM's short term assets (€83.4M) exceed its short term liabilities (€27.1M).
Long Term Liabilities: GALIM's short term assets (€83.4M) do not cover its long term liabilities (€337.1M).
Debt to Equity History and Analysis
Debt Level: GALIM's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: GALIM's debt to equity ratio has increased from 28.5% to 42.2% over the past 5 years.
Debt Coverage: GALIM's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: GALIM's interest payments on its debt are well covered by EBIT (4.5x coverage).