Grigeo Group Balance Sheet Health
Financial Health criteria checks 6/6
Grigeo Group has a total shareholder equity of €117.4M and total debt of €3.6M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are €165.0M and €47.6M respectively. Grigeo Group's EBIT is €22.7M making its interest coverage ratio -35.9. It has cash and short-term investments of €13.7M.
Key information
3.1%
Debt to equity ratio
€3.64m
Debt
| Interest coverage ratio | -35.9x |
| Cash | €13.73m |
| Equity | €117.37m |
| Total liabilities | €47.62m |
| Total assets | €164.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRG1L's short term assets (€62.5M) exceed its short term liabilities (€36.7M).
Long Term Liabilities: GRG1L's short term assets (€62.5M) exceed its long term liabilities (€10.9M).
Debt to Equity History and Analysis
Debt Level: GRG1L has more cash than its total debt.
Reducing Debt: GRG1L's debt to equity ratio has reduced from 33.3% to 3.1% over the past 5 years.
Debt Coverage: GRG1L's debt is well covered by operating cash flow (857%).
Interest Coverage: GRG1L earns more interest than it pays, so coverage of interest payments is not a concern.