Glintt Global Balance Sheet Health
Financial Health criteria checks 5/6
Glintt Global has a total shareholder equity of €83.5M and total debt of €36.1M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are €193.4M and €109.9M respectively. Glintt Global's EBIT is €12.5M making its interest coverage ratio 5. It has cash and short-term investments of €14.1M.
Key information
43.2%
Debt to equity ratio
€36.11m
Debt
| Interest coverage ratio | 5x |
| Cash | €14.11m |
| Equity | €83.53m |
| Total liabilities | €109.85m |
| Total assets | €193.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M8Z's short term assets (€51.5M) do not cover its short term liabilities (€70.1M).
Long Term Liabilities: 0M8Z's short term assets (€51.5M) exceed its long term liabilities (€39.7M).
Debt to Equity History and Analysis
Debt Level: 0M8Z's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 0M8Z's debt to equity ratio has reduced from 50.9% to 43.2% over the past 5 years.
Debt Coverage: 0M8Z's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 0M8Z's interest payments on its debt are well covered by EBIT (5x coverage).