Glanbia Balance Sheet Health
Financial Health criteria checks 6/6
Glanbia has a total shareholder equity of $2.2B and total debt of $946.3M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are $4.0B and $1.9B respectively. Glanbia's EBIT is $374.4M making its interest coverage ratio 27.9. It has cash and short-term investments of $300.9M.
Key information
44.0%
Debt to equity ratio
US$946.30m
Debt
| Interest coverage ratio | 27.9x |
| Cash | US$300.90m |
| Equity | US$2.15b |
| Total liabilities | US$1.89b |
| Total assets | US$4.05b |
Recent financial health updates
We Think Glanbia (ISE:GL9) Can Manage Its Debt With Ease
Oct 05
These 4 Measures Indicate That Glanbia (ISE:GL9) Is Using Debt Safely
Jun 27Is Glanbia (ISE:GL9) A Risky Investment?
Dec 26Is Glanbia (ISE:GL9) A Risky Investment?
Sep 21Is Glanbia (ISE:GL9) A Risky Investment?
Apr 15Recent updates
Need To Know: Analysts Are Much More Bullish On Glanbia plc (ISE:GL9) Revenues
Nov 10We Think Glanbia (ISE:GL9) Can Manage Its Debt With Ease
Oct 05Glanbia's (ISE:GL9) Dividend Will Be $0.1564
Aug 18Glanbia plc (ISE:GL9) Interim Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 17These 4 Measures Indicate That Glanbia (ISE:GL9) Is Using Debt Safely
Jun 27If EPS Growth Is Important To You, Glanbia (ISE:GL9) Presents An Opportunity
Jun 06The Glanbia plc (ISE:GL9) Analysts Have Been Trimming Their Sales Forecasts
May 03Glanbia plc's (ISE:GL9) Shares May Have Run Too Fast Too Soon
Apr 23Glanbia (ISE:GL9) May Have Issues Allocating Its Capital
Feb 03Is Glanbia (ISE:GL9) A Risky Investment?
Dec 26Glanbia (ISE:GL9) May Have Issues Allocating Its Capital
Nov 05Is There An Opportunity With Glanbia plc's (ISE:GL9) 20% Undervaluation?
Oct 19Is Glanbia (ISE:GL9) A Risky Investment?
Sep 21Glanbia's (ISE:GL9) Dividend Will Be Increased To €0.12
Aug 15Here's What's Concerning About Glanbia's (ISE:GL9) Returns On Capital
Jul 24Estimating The Fair Value Of Glanbia plc (ISE:GL9)
Jul 09Here's Why Shareholders Should Examine Glanbia plc's (ISE:GL9) CEO Compensation Package More Closely
Apr 30Is Glanbia (ISE:GL9) A Risky Investment?
Apr 15Capital Allocation Trends At Glanbia (ISE:GL9) Aren't Ideal
Apr 02Read This Before Considering Glanbia plc (ISE:GL9) For Its Upcoming €0.16 Dividend
Mar 21Glanbia (ISE:GL9) Share Prices Have Dropped 38% In The Last Five Years
Mar 15Financial Position Analysis
Short Term Liabilities: GL9's short term assets ($1.5B) exceed its short term liabilities ($905.4M).
Long Term Liabilities: GL9's short term assets ($1.5B) exceed its long term liabilities ($989.1M).
Debt to Equity History and Analysis
Debt Level: GL9's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: GL9's debt to equity ratio has reduced from 59.9% to 44% over the past 5 years.
Debt Coverage: GL9's debt is well covered by operating cash flow (53%).
Interest Coverage: GL9's interest payments on its debt are well covered by EBIT (27.9x coverage).