Galapagos Balance Sheet Health
Financial Health criteria checks 6/6
Galapagos has a total shareholder equity of €2.9B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.3B and €1.4B respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €3.43b |
| Equity | €2.91b |
| Total liabilities | €1.38b |
| Total assets | €4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JXZ's short term assets (€3.7B) exceed its short term liabilities (€364.8M).
Long Term Liabilities: 0JXZ's short term assets (€3.7B) exceed its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: 0JXZ is debt free.
Reducing Debt: 0JXZ had no debt 5 years ago.
Debt Coverage: 0JXZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0JXZ has no debt, therefore coverage of interest payments is not a concern.