Guerbet Balance Sheet Health
Financial Health criteria checks 4/6
Guerbet has a total shareholder equity of €370.3M and total debt of €357.2M, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are €991.2M and €621.0M respectively. Guerbet's EBIT is €32.3M making its interest coverage ratio 5.6. It has cash and short-term investments of €38.9M.
Key information
96.5%
Debt to equity ratio
€357.25m
Debt
Interest coverage ratio | 5.6x |
Cash | €38.87m |
Equity | €370.26m |
Total liabilities | €620.97m |
Total assets | €991.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBTP's short term assets (€564.5M) exceed its short term liabilities (€550.0M).
Long Term Liabilities: GBTP's short term assets (€564.5M) exceed its long term liabilities (€70.9M).
Debt to Equity History and Analysis
Debt Level: GBTP's net debt to equity ratio (86%) is considered high.
Reducing Debt: GBTP's debt to equity ratio has reduced from 119.8% to 96.5% over the past 5 years.
Debt Coverage: GBTP's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: GBTP's interest payments on its debt are well covered by EBIT (5.6x coverage).