Garofalo Health Care Balance Sheet Health
Financial Health criteria checks 3/6
Garofalo Health Care has a total shareholder equity of €264.9M and total debt of €152.7M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are €630.4M and €365.6M respectively. Garofalo Health Care's EBIT is €35.5M making its interest coverage ratio 7.5. It has cash and short-term investments of €43.7M.
Key information
57.7%
Debt to equity ratio
€152.74m
Debt
Interest coverage ratio | 7.5x |
Cash | €43.70m |
Equity | €264.87m |
Total liabilities | €365.55m |
Total assets | €630.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHCM's short term assets (€135.0M) exceed its short term liabilities (€129.3M).
Long Term Liabilities: GHCM's short term assets (€135.0M) do not cover its long term liabilities (€236.2M).
Debt to Equity History and Analysis
Debt Level: GHCM's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: GHCM's debt to equity ratio has increased from 54% to 57.7% over the past 5 years.
Debt Coverage: GHCM's debt is well covered by operating cash flow (27.5%).
Interest Coverage: GHCM's interest payments on its debt are well covered by EBIT (7.5x coverage).