Ferroglobe Balance Sheet Health
Financial Health criteria checks 6/6
Ferroglobe has a total shareholder equity of $859.7M and total debt of $297.8M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are $1.7B and $844.0M respectively. Ferroglobe's EBIT is $271.2M making its interest coverage ratio 8.7. It has cash and short-term investments of $161.8M.
Key information
34.6%
Debt to equity ratio
US$297.76m
Debt
Interest coverage ratio | 8.7x |
Cash | US$161.81m |
Equity | US$859.72m |
Total liabilities | US$843.99m |
Total assets | US$1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSM N's short term assets ($1.0B) exceed its short term liabilities ($434.6M).
Long Term Liabilities: GSM N's short term assets ($1.0B) exceed its long term liabilities ($409.4M).
Debt to Equity History and Analysis
Debt Level: GSM N's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: GSM N's debt to equity ratio has reduced from 57.9% to 34.6% over the past 5 years.
Debt Coverage: GSM N's debt is well covered by operating cash flow (90.3%).
Interest Coverage: GSM N's interest payments on its debt are well covered by EBIT (8.7x coverage).