Getlink Balance Sheet Health
Financial Health criteria checks 3/6
Getlink has a total shareholder equity of €2.5B and total debt of €5.7B, which brings its debt-to-equity ratio to 230.5%. Its total assets and total liabilities are €9.0B and €6.6B respectively. Getlink's EBIT is €738.0M making its interest coverage ratio 4.9. It has cash and short-term investments of €1.6B.
Key information
230.5%
Debt to equity ratio
€5.69b
Debt
Interest coverage ratio | 4.9x |
Cash | €1.56b |
Equity | €2.47b |
Total liabilities | €6.56b |
Total assets | €9.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P72's short term assets (€1.8B) exceed its short term liabilities (€565.0M).
Long Term Liabilities: 0P72's short term assets (€1.8B) do not cover its long term liabilities (€6.0B).
Debt to Equity History and Analysis
Debt Level: 0P72's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: 0P72's debt to equity ratio has reduced from 277.2% to 230.5% over the past 5 years.
Debt Coverage: 0P72's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 0P72's interest payments on its debt are well covered by EBIT (4.9x coverage).