Gestamp Automoción Balance Sheet Health
Financial Health criteria checks 5/6
Gestamp Automoción has a total shareholder equity of €2.8B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. 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
0%
Debt to equity ratio
€0
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 is debt free.
Reducing Debt: GEST N has no debt compared to 5 years ago when its debt to equity ratio was 133.1%.
Debt Coverage: GEST N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GEST N has no debt, therefore coverage of interest payments is not a concern.