Gurit Holding Balance Sheet Health
Financial Health criteria checks 3/6
Gurit Holding has a total shareholder equity of CHF82.9M and total debt of CHF79.2M, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are CHF316.8M and CHF233.9M respectively. Gurit Holding's EBIT is CHF18.5M making its interest coverage ratio 2.3. It has cash and short-term investments of CHF15.7M.
Key information
95.6%
Debt to equity ratio
CHF 79.19m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CHF 15.74m |
| Equity | CHF 82.85m |
| Total liabilities | CHF 233.92m |
| Total assets | CHF 316.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GURNZ's short term assets (CHF203.5M) exceed its short term liabilities (CHF137.2M).
Long Term Liabilities: GURNZ's short term assets (CHF203.5M) exceed its long term liabilities (CHF96.7M).
Debt to Equity History and Analysis
Debt Level: GURNZ's net debt to equity ratio (76.6%) is considered high.
Reducing Debt: GURNZ's debt to equity ratio has increased from 82.5% to 95.6% over the past 5 years.
Debt Coverage: GURNZ's debt is well covered by operating cash flow (38.4%).
Interest Coverage: GURNZ's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gurit Holding AG is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Volker Bosse | Baader Helvea Equity Research |
| Andrea Ricci | Bank am Bellevue |
| Patrick Rafaisz | Bank Vontobel AG |