Grenke Balance Sheet Health
Financial Health criteria checks 3/6
Grenke has a total shareholder equity of €1.4B and total debt of €4.3B, which brings its debt-to-equity ratio to 315.4%. Its total assets and total liabilities are €7.1B and €5.7B respectively.
Key information
315.4%
Debt to equity ratio
€4.27b
Debt
Interest coverage ratio | n/a |
Cash | €704.08m |
Equity | €1.35b |
Total liabilities | €5.74b |
Total assets | €7.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R97's short term assets (€6.9B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: 0R97's short term assets (€6.9B) exceed its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: 0R97's net debt to equity ratio (263.4%) is considered high.
Reducing Debt: 0R97's debt to equity ratio has reduced from 363.5% to 315.4% over the past 5 years.
Debt Coverage: 0R97's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Insufficient data to determine if 0R97's interest payments on its debt are well covered by EBIT.