Galenica Balance Sheet Health
Financial Health criteria checks 6/6
Galenica has a total shareholder equity of CHF1.4B and total debt of CHF604.3M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CHF3.0B and CHF1.6B respectively. Galenica's EBIT is CHF202.1M making its interest coverage ratio 19.5. It has cash and short-term investments of CHF69.5M.
Key information
42.9%
Debt to equity ratio
CHF 604.32m
Debt
| Interest coverage ratio | 19.5x |
| Cash | CHF 69.55m |
| Equity | CHF 1.41b |
| Total liabilities | CHF 1.60b |
| Total assets | CHF 3.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GALEZ's short term assets (CHF1.0B) exceed its short term liabilities (CHF784.0M).
Long Term Liabilities: GALEZ's short term assets (CHF1.0B) exceed its long term liabilities (CHF813.8M).
Debt to Equity History and Analysis
Debt Level: GALEZ's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: GALEZ's debt to equity ratio has reduced from 51.6% to 42.9% over the past 5 years.
Debt Coverage: GALEZ's debt is well covered by operating cash flow (43.8%).
Interest Coverage: GALEZ's interest payments on its debt are well covered by EBIT (19.5x coverage).