Gesco Balance Sheet Health
Financial Health criteria checks 6/6
Gesco has a total shareholder equity of €277.7M and total debt of €87.1M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are €469.0M and €191.3M respectively. Gesco's EBIT is €38.6M making its interest coverage ratio 10.2. It has cash and short-term investments of €34.5M.
Key information
31.4%
Debt to equity ratio
€87.07m
Debt
Interest coverage ratio | 10.2x |
Cash | €34.46m |
Equity | €277.65m |
Total liabilities | €191.31m |
Total assets | €468.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Q4C's short term assets (€281.4M) exceed its short term liabilities (€128.1M).
Long Term Liabilities: 0Q4C's short term assets (€281.4M) exceed its long term liabilities (€63.2M).
Debt to Equity History and Analysis
Debt Level: 0Q4C's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 0Q4C's debt to equity ratio has reduced from 61.1% to 31.4% over the past 5 years.
Debt Coverage: 0Q4C's debt is well covered by operating cash flow (37%).
Interest Coverage: 0Q4C's interest payments on its debt are well covered by EBIT (10.2x coverage).