Greenyard Balance Sheet Health
Financial Health criteria checks 2/6
Greenyard has a total shareholder equity of €489.8M and total debt of €435.2M, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are €2.0B and €1.5B respectively. Greenyard's EBIT is €49.6M making its interest coverage ratio 1.6. It has cash and short-term investments of €119.3M.
Key information
88.9%
Debt to equity ratio
€435.23m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €119.26m |
| Equity | €489.84m |
| Total liabilities | €1.48b |
| Total assets | €1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GREENB's short term assets (€745.6M) do not cover its short term liabilities (€793.6M).
Long Term Liabilities: GREENB's short term assets (€745.6M) exceed its long term liabilities (€683.6M).
Debt to Equity History and Analysis
Debt Level: GREENB's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: GREENB's debt to equity ratio has increased from 59.2% to 88.9% over the past 5 years.
Debt Coverage: GREENB's debt is well covered by operating cash flow (31%).
Interest Coverage: GREENB's interest payments on its debt are not well covered by EBIT (1.6x coverage).