GFT Technologies Balance Sheet Health
Financial Health criteria checks 6/6
GFT Technologies has a total shareholder equity of €255.6M and total debt of €139.8M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are €629.2M and €373.5M respectively. GFT Technologies's EBIT is €72.4M making its interest coverage ratio 18. It has cash and short-term investments of €55.6M.
Key information
54.7%
Debt to equity ratio
€139.80m
Debt
| Interest coverage ratio | 18x |
| Cash | €55.62m |
| Equity | €255.63m |
| Total liabilities | €373.54m |
| Total assets | €629.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O2W's short term assets (€292.0M) exceed its short term liabilities (€257.8M).
Long Term Liabilities: 0O2W's short term assets (€292.0M) exceed its long term liabilities (€115.7M).
Debt to Equity History and Analysis
Debt Level: 0O2W's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: 0O2W's debt to equity ratio has reduced from 105.3% to 54.7% over the past 5 years.
Debt Coverage: 0O2W's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 0O2W's interest payments on its debt are well covered by EBIT (18x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:38 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GFT Technologies SE is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gustav Froberg | Berenberg |
| Wolfgang Specht | Berenberg |
| Richard Jeans | Edison Investment Research |