Gel Balance Sheet Health
Financial Health criteria checks 5/6
Gel has a total shareholder equity of €11.2M and total debt of €6.2M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are €21.9M and €10.7M respectively. Gel's EBIT is €1.1M making its interest coverage ratio 80.3. It has cash and short-term investments of €1.5M.
Key information
55.3%
Debt to equity ratio
€6.17m
Debt
| Interest coverage ratio | 80.3x |
| Cash | €1.53m |
| Equity | €11.17m |
| Total liabilities | €10.74m |
| Total assets | €21.91m |
Recent financial health updates
Recent updates
What Does Gel S.p.A.'s (BIT:GEL) Share Price Indicate?
Oct 12
Pinning Down Gel S.p.A.'s (BIT:GEL) P/S Is Difficult Right Now
Mar 26At €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 (€13.0M) exceed its short term liabilities (€5.5M).
Long Term Liabilities: GEL's short term assets (€13.0M) exceed its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: GEL's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: GEL's debt to equity ratio has reduced from 67% to 55.3% over the past 5 years.
Debt Coverage: GEL's debt is well covered by operating cash flow (40.3%).
Interest Coverage: GEL's interest payments on its debt are well covered by EBIT (80.3x coverage).