GEA Group Balance Sheet Health
Financial Health criteria checks 6/6
GEA Group has a total shareholder equity of €2.4B and total debt of €49.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are €5.8B and €3.4B respectively. GEA Group's EBIT is €509.3M making its interest coverage ratio 24.7. It has cash and short-term investments of €482.0M.
Key information
2.0%
Debt to equity ratio
€49.51m
Debt
Interest coverage ratio | 24.7x |
Cash | €482.05m |
Equity | €2.45b |
Total liabilities | €3.40b |
Total assets | €5.85b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G1AD's short term assets (€2.7B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: G1AD's short term assets (€2.7B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: G1AD has more cash than its total debt.
Reducing Debt: G1AD's debt to equity ratio has reduced from 22.9% to 2% over the past 5 years.
Debt Coverage: G1AD's debt is well covered by operating cash flow (1092.5%).
Interest Coverage: G1AD's interest payments on its debt are well covered by EBIT (24.7x coverage).