Gel Balance Sheet Health
Financial Health criteria checks 3/6
Gel has a total shareholder equity of €10.9M and total debt of €7.2M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are €21.8M and €10.9M respectively. Gel's EBIT is €752.2K making its interest coverage ratio 793.5. It has cash and short-term investments of €2.1M.
Key information
65.9%
Debt to equity ratio
€7.18m
Debt
| Interest coverage ratio | 793.5x |
| Cash | €2.08m |
| Equity | €10.88m |
| Total liabilities | €10.94m |
| Total assets | €21.82m |
Recent financial health updates
Recent updates
Pinning Down Gel S.p.A.'s (BIT:GEL) P/S Is Difficult Right Now
Mar 26
At €1.36, Is Gel S.p.A. (BIT:GEL) Worth Looking At Closely?
Oct 21Some Investors May Be Worried About Gel's (BIT:GEL) Returns On Capital
Jun 08Is Gel S.p.A. (BIT:GEL) Potentially Undervalued?
Mar 17A Look At The Fair Value Of Gel S.p.A. (BIT:GEL)
Oct 28When Should You Buy Gel S.p.A. (BIT:GEL)?
Sep 27Capital Allocation Trends At Gel (BIT:GEL) Aren't Ideal
Mar 06These 4 Measures Indicate That Gel (BIT:GEL) Is Using Debt Reasonably Well
Nov 28Gel's (BIT:GEL) Earnings Aren't As Good As They Appear
Oct 04Be Wary Of Gel (BIT:GEL) And Its Returns On Capital
Aug 30The Returns At Gel (BIT:GEL) Provide Us With Signs Of What's To Come
Feb 27Financial Position Analysis
Short Term Liabilities: GEL's short term assets (€12.5M) exceed its short term liabilities (€4.8M).
Long Term Liabilities: GEL's short term assets (€12.5M) exceed its long term liabilities (€6.2M).
Debt to Equity History and Analysis
Debt Level: GEL's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: GEL's debt to equity ratio has increased from 63.7% to 65.9% over the past 5 years.
Debt Coverage: GEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GEL's interest payments on its debt are well covered by EBIT (793.5x coverage).