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
Gas Plus S.p.A.'s (BIT:GSP) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Dec 31Is 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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 19:33 |
| End of Day Share Price | 2025/01/17 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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. 0 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 |