Gurit Holding Balance Sheet Health
Financial Health criteria checks 5/6
Gurit Holding has a total shareholder equity of CHF78.7M and total debt of CHF70.6M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are CHF278.1M and CHF199.4M respectively. Gurit Holding's EBIT is CHF20.6M making its interest coverage ratio 3.1. It has cash and short-term investments of CHF12.5M.
Key information
89.7%
Debt to equity ratio
CHF70.61m
Debt
Interest coverage ratio | 3.1x |
Cash | CHF12.52m |
Equity | CHF78.70m |
Total liabilities | CHF199.37m |
Total assets | CHF278.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QQR's short term assets (CHF169.7M) exceed its short term liabilities (CHF122.8M).
Long Term Liabilities: 0QQR's short term assets (CHF169.7M) exceed its long term liabilities (CHF76.5M).
Debt to Equity History and Analysis
Debt Level: 0QQR's net debt to equity ratio (73.8%) is considered high.
Reducing Debt: 0QQR's debt to equity ratio has reduced from 101.6% to 89.7% over the past 5 years.
Debt Coverage: 0QQR's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 0QQR's interest payments on its debt are well covered by EBIT (3.1x coverage).