Gestamp Automoción Balance Sheet Health
Financial Health criteria checks 5/6
Gestamp Automoción has a total shareholder equity of €2.9B and total debt of €3.0B, which brings its debt-to-equity ratio to 105.4%. Its total assets and total liabilities are €9.9B and €7.1B respectively. Gestamp Automoción's EBIT is €670.0M making its interest coverage ratio 3.1. It has cash and short-term investments of €1.3B.
Key information
105.4%
Debt to equity ratio
€3.02b
Debt
Interest coverage ratio | 3.1x |
Cash | €1.32b |
Equity | €2.86b |
Total liabilities | €7.07b |
Total assets | €9.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GESTE's short term assets (€3.8B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: GESTE's short term assets (€3.8B) exceed its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: GESTE's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: GESTE's debt to equity ratio has reduced from 136.4% to 105.4% over the past 5 years.
Debt Coverage: GESTE's debt is well covered by operating cash flow (38.6%).
Interest Coverage: GESTE's interest payments on its debt are well covered by EBIT (3.1x coverage).