Galapagos Balance Sheet Health
Financial Health criteria checks 6/6
Galapagos has a total shareholder equity of €2.9B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.4B and €1.5B respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €3.56b |
Equity | €2.90b |
Total liabilities | €1.47b |
Total assets | €4.36b |
Recent financial health updates
Recent updates
Galapagos NV (AMS:GLPG) Analysts Are More Bearish Than They Used To Be
Apr 19Galapagos NV's (AMS:GLPG) Shares Lagging The Industry But So Is The Business
Jan 03Lacklustre Performance Is Driving Galapagos NV's (AMS:GLPG) Low P/S
Jul 18€41.78: That's What Analysts Think Galapagos NV (AMS:GLPG) Is Worth After Its Latest Results
May 06Here's Why We're Not Too Worried About Galapagos' (AMS:GLPG) Cash Burn Situation
Mar 29Financial Position Analysis
Short Term Liabilities: GLPG's short term assets (€3.8B) exceed its short term liabilities (€382.2M).
Long Term Liabilities: GLPG's short term assets (€3.8B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: GLPG is debt free.
Reducing Debt: GLPG had no debt 5 years ago.
Debt Coverage: GLPG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GLPG has no debt, therefore coverage of interest payments is not a concern.