Getlink Balance Sheet Health
Financial Health criteria checks 3/6
Getlink has a total shareholder equity of €2.4B and total debt of €5.7B, which brings its debt-to-equity ratio to 238.5%. Its total assets and total liabilities are €9.0B and €6.6B respectively. Getlink's EBIT is €666.0M making its interest coverage ratio 4.9. It has cash and short-term investments of €1.5B.
Key information
238.5%
Debt to equity ratio
€5.69b
Debt
| Interest coverage ratio | 4.9x |
| Cash | €1.50b |
| Equity | €2.39b |
| Total liabilities | €6.64b |
| Total assets | €9.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GETP's short term assets (€1.8B) exceed its short term liabilities (€583.0M).
Long Term Liabilities: GETP's short term assets (€1.8B) do not cover its long term liabilities (€6.1B).
Debt to Equity History and Analysis
Debt Level: GETP's net debt to equity ratio (175.7%) is considered high.
Reducing Debt: GETP's debt to equity ratio has reduced from 357% to 238.5% over the past 5 years.
Debt Coverage: GETP's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: GETP's interest payments on its debt are well covered by EBIT (4.9x coverage).