Grifols Balance Sheet Health
Financial Health criteria checks 2/6
Grifols has a total shareholder equity of €8.3B and total debt of €10.4B, which brings its debt-to-equity ratio to 125%. Its total assets and total liabilities are €22.3B and €14.0B respectively. Grifols's EBIT is €865.1M making its interest coverage ratio 1.8. It has cash and short-term investments of €2.3B.
Key information
125.0%
Debt to equity ratio
€10.37b
Debt
| Interest coverage ratio | 1.8x |
| Cash | €2.26b |
| Equity | €8.30b |
| Total liabilities | €14.00b |
| Total assets | €22.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRFP N's short term assets (€6.9B) exceed its short term liabilities (€4.1B).
Long Term Liabilities: GRFP N's short term assets (€6.9B) do not cover its long term liabilities (€9.9B).
Debt to Equity History and Analysis
Debt Level: GRFP N's net debt to equity ratio (97.8%) is considered high.
Reducing Debt: GRFP N's debt to equity ratio has reduced from 129% to 125% over the past 5 years.
Debt Coverage: GRFP N's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: GRFP N's interest payments on its debt are not well covered by EBIT (1.8x coverage).