Gestamp Automoción Balance Sheet Health
Financial Health criteria checks 4/6
Gestamp Automoción has a total shareholder equity of €3.0B and total debt of €3.1B, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are €10.5B and €7.5B respectively. Gestamp Automoción's EBIT is €588.0M making its interest coverage ratio 2.8. It has cash and short-term investments of €1.2B.
Key information
102.7%
Debt to equity ratio
€3.05b
Debt
| Interest coverage ratio | 2.8x |
| Cash | €1.25b |
| Equity | €2.97b |
| Total liabilities | €7.55b |
| Total assets | €10.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEST N's short term assets (€4.2B) exceed its short term liabilities (€4.2B).
Long Term Liabilities: GEST N's short term assets (€4.2B) exceed its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: GEST N's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: GEST N's debt to equity ratio has reduced from 135.9% to 102.7% over the past 5 years.
Debt Coverage: GEST N's debt is well covered by operating cash flow (37.3%).
Interest Coverage: GEST N's interest payments on its debt are not well covered by EBIT (2.8x coverage).