Glanbia Balance Sheet Health
Financial Health criteria checks 6/6
Glanbia has a total shareholder equity of $2.1B and total debt of $662.4M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are $3.8B and $1.7B respectively. Glanbia's EBIT is $345.4M making its interest coverage ratio 36. It has cash and short-term investments of $413.7M.
Key information
31.1%
Debt to equity ratio
US$662.40m
Debt
| Interest coverage ratio | 36x |
| Cash | US$413.70m |
| Equity | US$2.13b |
| Total liabilities | US$1.67b |
| Total assets | US$3.80b |
Recent financial health updates
Is Glanbia (ISE:GL9) A Risky Investment?
Dec 26
Is Glanbia (ISE:GL9) A Risky Investment?
Sep 21Is Glanbia (ISE:GL9) A Risky Investment?
Apr 15We Think Glanbia (ISE:GL9) Can Stay On Top Of Its Debt
Dec 31
Recent updates
The 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 15Are Investors Undervaluing Glanbia plc (ISE:GL9) By 21%?
Mar 01Did Glanbia plc (ISE:GL9) Insiders Buy Up More Shares?
Feb 17Should You Use Glanbia's (ISE:GL9) Statutory Earnings To Analyse It?
Jan 27Could Glanbia plc (ISE:GL9) Have The Makings Of Another Dividend Aristocrat?
Jan 13We Think Glanbia (ISE:GL9) Can Stay On Top Of Its Debt
Dec 31Here's What Glanbia plc's (ISE:GL9) Shareholder Ownership Structure Looks Like
Dec 19Is Glanbia plc's (ISE:GL9) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 07Financial Position Analysis
Short Term Liabilities: GL9's short term assets ($1.5B) exceed its short term liabilities ($880.5M).
Long Term Liabilities: GL9's short term assets ($1.5B) exceed its long term liabilities ($786.0M).
Debt to Equity History and Analysis
Debt Level: GL9's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: GL9's debt to equity ratio has reduced from 47.4% to 31.1% over the past 5 years.
Debt Coverage: GL9's debt is well covered by operating cash flow (64.6%).
Interest Coverage: GL9's interest payments on its debt are well covered by EBIT (36x coverage).