Graines Voltz Balance Sheet Health
Financial Health criteria checks 3/6
Graines Voltz has a total shareholder equity of €71.8M and total debt of €53.1M, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are €150.5M and €78.7M respectively. Graines Voltz's EBIT is €6.3M making its interest coverage ratio 11.4. It has cash and short-term investments of €14.0M.
Key information
73.9%
Debt to equity ratio
€53.09m
Debt
| Interest coverage ratio | 11.4x |
| Cash | €14.01m |
| Equity | €71.81m |
| Total liabilities | €78.68m |
| Total assets | €150.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRVOP's short term assets (€108.3M) exceed its short term liabilities (€51.6M).
Long Term Liabilities: GRVOP's short term assets (€108.3M) exceed its long term liabilities (€27.1M).
Debt to Equity History and Analysis
Debt Level: GRVOP's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: GRVOP's debt to equity ratio has increased from 45.3% to 73.9% over the past 5 years.
Debt Coverage: GRVOP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRVOP's interest payments on its debt are well covered by EBIT (11.4x coverage).