Greenthesis Balance Sheet Health
Financial Health criteria checks 3/6
Greenthesis has a total shareholder equity of €30.9M and total debt of €91.8M, which brings its debt-to-equity ratio to 297%. Its total assets and total liabilities are €347.3M and €316.4M respectively. Greenthesis's EBIT is €27.4M making its interest coverage ratio 5.4. It has cash and short-term investments of €39.1M.
Key information
297.0%
Debt to equity ratio
€91.78m
Debt
| Interest coverage ratio | 5.4x |
| Cash | €39.15m |
| Equity | €30.90m |
| Total liabilities | €316.38m |
| Total assets | €347.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTHM's short term assets (€118.1M) exceed its short term liabilities (€102.2M).
Long Term Liabilities: GTHM's short term assets (€118.1M) do not cover its long term liabilities (€214.2M).
Debt to Equity History and Analysis
Debt Level: GTHM's net debt to equity ratio (170.3%) is considered high.
Reducing Debt: GTHM's debt to equity ratio has increased from 12.2% to 297% over the past 5 years.
Debt Coverage: GTHM's debt is well covered by operating cash flow (43.2%).
Interest Coverage: GTHM's interest payments on its debt are well covered by EBIT (5.4x coverage).