Gr. Sarantis Balance Sheet Health
Financial Health criteria checks 6/6
Gr. Sarantis has a total shareholder equity of €355.3M and total debt of €76.4M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are €606.9M and €251.6M respectively. Gr. Sarantis's EBIT is €57.3M making its interest coverage ratio 26. It has cash and short-term investments of €32.5M.
Key information
21.5%
Debt to equity ratio
€76.43m
Debt
| Interest coverage ratio | 26x |
| Cash | €32.54m |
| Equity | €355.30m |
| Total liabilities | €251.61m |
| Total assets | €606.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IIO's short term assets (€323.3M) exceed its short term liabilities (€146.3M).
Long Term Liabilities: 0IIO's short term assets (€323.3M) exceed its long term liabilities (€105.3M).
Debt to Equity History and Analysis
Debt Level: 0IIO's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 0IIO's debt to equity ratio has reduced from 24.9% to 21.5% over the past 5 years.
Debt Coverage: 0IIO's debt is well covered by operating cash flow (75.9%).
Interest Coverage: 0IIO's interest payments on its debt are well covered by EBIT (26x coverage).