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: 0QQR's short term assets (CHF203.5M) exceed its short term liabilities (CHF137.2M).
Long Term Liabilities: 0QQR's short term assets (CHF203.5M) exceed its long term liabilities (CHF96.7M).
Debt to Equity History and Analysis
Debt Level: 0QQR's net debt to equity ratio (76.6%) is considered high.
Reducing Debt: 0QQR's debt to equity ratio has increased from 82.5% to 95.6% over the past 5 years.
Debt Coverage: 0QQR's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 0QQR's interest payments on its debt are not well covered by EBIT (2.3x coverage).