Gas Plus Balance Sheet Health
Financial Health criteria checks 3/6
Gas Plus has a total shareholder equity of €222.5M and total debt of €78.9M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are €529.4M and €306.9M respectively. Gas Plus's EBIT is €77.7M making its interest coverage ratio 21.7. It has cash and short-term investments of €32.8M.
Key information
35.5%
Debt to equity ratio
€78.95m
Debt
| Interest coverage ratio | 21.7x |
| Cash | €32.78m |
| Equity | €222.48m |
| Total liabilities | €306.89m |
| Total assets | €529.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EMK's short term assets (€89.6M) do not cover its short term liabilities (€102.5M).
Long Term Liabilities: 0EMK's short term assets (€89.6M) do not cover its long term liabilities (€204.4M).
Debt to Equity History and Analysis
Debt Level: 0EMK's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: 0EMK's debt to equity ratio has increased from 26.8% to 35.5% over the past 5 years.
Debt Coverage: 0EMK's debt is well covered by operating cash flow (93.4%).
Interest Coverage: 0EMK's interest payments on its debt are well covered by EBIT (21.7x coverage).