Gerresheimer Balance Sheet Health
Financial Health criteria checks 2/6
Gerresheimer has a total shareholder equity of €1.5B and total debt of €1.1B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are €3.5B and €2.0B respectively. Gerresheimer's EBIT is €222.2M making its interest coverage ratio 4.6. It has cash and short-term investments of €106.5M.
Key information
76.4%
Debt to equity ratio
€1.12b
Debt
Interest coverage ratio | 4.6x |
Cash | €106.50m |
Equity | €1.46b |
Total liabilities | €2.01b |
Total assets | €3.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GXID's short term assets (€865.2M) do not cover its short term liabilities (€973.2M).
Long Term Liabilities: GXID's short term assets (€865.2M) do not cover its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: GXID's net debt to equity ratio (69.1%) is considered high.
Reducing Debt: GXID's debt to equity ratio has increased from 68.2% to 76.4% over the past 5 years.
Debt Coverage: GXID's debt is well covered by operating cash flow (33.2%).
Interest Coverage: GXID's interest payments on its debt are well covered by EBIT (4.6x coverage).