GEA Group Balance Sheet Health
Financial Health criteria checks 6/6
GEA Group has a total shareholder equity of €2.4B and total debt of €101.9M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are €6.0B and €3.6B respectively. GEA Group's EBIT is €512.5M making its interest coverage ratio 24.3. It has cash and short-term investments of €627.9M.
Key information
4.3%
Debt to equity ratio
€101.91m
Debt
| Interest coverage ratio | 24.3x |
| Cash | €627.93m |
| Equity | €2.40b |
| Total liabilities | €3.56b |
| Total assets | €5.95b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G1A N's short term assets (€2.9B) exceed its short term liabilities (€2.5B).
Long Term Liabilities: G1A N's short term assets (€2.9B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: G1A N has more cash than its total debt.
Reducing Debt: G1A N's debt to equity ratio has reduced from 13.1% to 4.3% over the past 5 years.
Debt Coverage: G1A N's debt is well covered by operating cash flow (523.6%).
Interest Coverage: G1A N's interest payments on its debt are well covered by EBIT (24.3x coverage).