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).