Gestamp Automoción Balance Sheet Health
Financial Health criteria checks 3/6
Gestamp Automoción has a total shareholder equity of €2.8B and total debt of €3.1B, which brings its debt-to-equity ratio to 109.6%. Its total assets and total liabilities are €10.3B and €7.5B respectively. Gestamp Automoción's EBIT is €568.7M making its interest coverage ratio 2.7. It has cash and short-term investments of €912.7M.
Key information
109.6%
Debt to equity ratio
€3.10b
Debt
| Interest coverage ratio | 2.7x |
| Cash | €912.70m |
| Equity | €2.83b |
| Total liabilities | €7.48b |
| Total assets | €10.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEST N's short term assets (€4.1B) do not cover its short term liabilities (€4.1B).
Long Term Liabilities: GEST N's short term assets (€4.1B) exceed its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: GEST N's net debt to equity ratio (77.4%) is considered high.
Reducing Debt: GEST N's debt to equity ratio has reduced from 133.1% to 109.6% over the past 5 years.
Debt Coverage: GEST N's debt is well covered by operating cash flow (32.9%).
Interest Coverage: GEST N's interest payments on its debt are not well covered by EBIT (2.7x coverage).