Grifal Balance Sheet Health
Financial Health criteria checks 3/6
Grifal has a total shareholder equity of €18.6M and total debt of €22.9M, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are €57.6M and €39.0M respectively. Grifal's EBIT is €1.9M making its interest coverage ratio 1.7. It has cash and short-term investments of €1.1M.
Key information
123.3%
Debt to equity ratio
€22.87m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €1.08m |
| Equity | €18.55m |
| Total liabilities | €39.04m |
| Total assets | €57.59m |
Recent financial health updates
Is Grifal (BIT:GRAL) A Risky Investment?
Nov 12
Would Grifal (BIT:GRAL) Be Better Off With Less Debt?
Jun 14Grifal (BIT:GRAL) Is Carrying A Fair Bit Of Debt
Oct 26Grifal (BIT:GRAL) Is Carrying A Fair Bit Of Debt
May 05Recent updates
These Analysts Think Grifal S.p.A.'s (BIT:GRAL) Earnings Are Under Threat
Oct 25Is Grifal (BIT:GRAL) A Risky Investment?
Nov 12Would Grifal (BIT:GRAL) Be Better Off With Less Debt?
Jun 14Grifal (BIT:GRAL) Is Carrying A Fair Bit Of Debt
Oct 26Should You Think About Buying Grifal S.p.A. (BIT:GRAL) Now?
Jun 09Grifal (BIT:GRAL) Is Carrying A Fair Bit Of Debt
May 05Did Grifal's (BIT:GRAL) Share Price Deserve to Gain 92%?
Mar 13Factors Income Investors Should Consider Before Adding Grifal S.p.A. (BIT:GRAL) To Their Portfolio
Dec 04Financial Position Analysis
Short Term Liabilities: GRAL's short term assets (€20.8M) exceed its short term liabilities (€18.6M).
Long Term Liabilities: GRAL's short term assets (€20.8M) exceed its long term liabilities (€20.4M).
Debt to Equity History and Analysis
Debt Level: GRAL's net debt to equity ratio (117.5%) is considered high.
Reducing Debt: GRAL's debt to equity ratio has increased from 63.6% to 123.3% over the past 5 years.
Debt Coverage: GRAL's debt is well covered by operating cash flow (29.6%).
Interest Coverage: GRAL's interest payments on its debt are not well covered by EBIT (1.7x coverage).