Gas Plus Balance Sheet Health
Financial Health criteria checks 4/6
Gas Plus has a total shareholder equity of €227.2M and total debt of €56.1M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are €502.5M and €275.3M respectively. Gas Plus's EBIT is €29.9M making its interest coverage ratio 8.6. It has cash and short-term investments of €29.3M.
Key information
24.7%
Debt to equity ratio
€56.10m
Debt
| Interest coverage ratio | 8.6x |
| Cash | €29.31m |
| Equity | €227.20m |
| Total liabilities | €275.27m |
| Total assets | €502.47m |
Recent financial health updates
Is Gas Plus (BIT:GSP) Weighed On By Its Debt Load?
Jun 11
These 4 Measures Indicate That Gas Plus (BIT:GSP) Is Using Debt In A Risky Way
Nov 29Is Gas Plus (BIT:GSP) Using Debt Sensibly?
Apr 30Recent updates
Is Gas Plus (BIT:GSP) Weighed On By Its Debt Load?
Jun 11These 4 Measures Indicate That Gas Plus (BIT:GSP) Is Using Debt In A Risky Way
Nov 29Gas Plus' (BIT:GSP) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 11Is Gas Plus (BIT:GSP) Using Debt Sensibly?
Apr 30How Much Did Gas Plus'(BIT:GSP) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 21
Financial Position Analysis
Short Term Liabilities: GSP's short term assets (€75.5M) do not cover its short term liabilities (€98.4M).
Long Term Liabilities: GSP's short term assets (€75.5M) do not cover its long term liabilities (€176.9M).
Debt to Equity History and Analysis
Debt Level: GSP's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: GSP's debt to equity ratio has reduced from 33.3% to 24.7% over the past 5 years.
Debt Coverage: GSP's debt is well covered by operating cash flow (54.1%).
Interest Coverage: GSP's interest payments on its debt are well covered by EBIT (8.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:13 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gas Plus S.p.A. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Francesco Sala | Banca Akros S.p.A. (ESN) |
| Gian Gadini | Banca Akros S.p.A. (ESN) |
| Roberto Ranieri | Intesa Sanpaolo Equity Research |