Grifal Balance Sheet Health
Financial Health criteria checks 3/6
Grifal has a total shareholder equity of €18.3M and total debt of €25.5M, which brings its debt-to-equity ratio to 139.7%. Its total assets and total liabilities are €60.9M and €42.7M respectively. Grifal's EBIT is €2.2M making its interest coverage ratio 2.3. It has cash and short-term investments of €6.7M.
Key information
139.7%
Debt to equity ratio
€25.54m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €6.74m |
| Equity | €18.28m |
| Total liabilities | €42.65m |
| Total assets | €60.93m |
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
Is 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 (€25.5M) exceed its short term liabilities (€20.9M).
Long Term Liabilities: GRAL's short term assets (€25.5M) exceed its long term liabilities (€21.8M).
Debt to Equity History and Analysis
Debt Level: GRAL's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: GRAL's debt to equity ratio has increased from 73.2% to 139.7% over the past 5 years.
Debt Coverage: GRAL's debt is well covered by operating cash flow (36.4%).
Interest Coverage: GRAL's interest payments on its debt are not well covered by EBIT (2.3x coverage).