Globe Trade Centre S.A.

WSE:GTC Stock Report

Market Cap: zł2.2b

Globe Trade Centre Balance Sheet Health

Financial Health criteria checks 1/6

Globe Trade Centre has a total shareholder equity of €1.1B and total debt of €1.3B, which brings its debt-to-equity ratio to 113.5%. Its total assets and total liabilities are €2.7B and €1.6B respectively. Globe Trade Centre's EBIT is €106.4M making its interest coverage ratio 3.2. It has cash and short-term investments of €48.4M.

Key information

113.5%

Debt to equity ratio

€1.28b

Debt

Interest coverage ratio3.2x
Cash€48.40m
Equity€1.13b
Total liabilities€1.59b
Total assets€2.72b

Recent financial health updates

Is Globe Trade Centre (WSE:GTC) A Risky Investment?

Jul 18
Is Globe Trade Centre (WSE:GTC) A Risky Investment?

Is Globe Trade Centre (WSE:GTC) Using Too Much Debt?

Mar 02
Is Globe Trade Centre (WSE:GTC) Using Too Much Debt?

These 4 Measures Indicate That Globe Trade Centre (WSE:GTC) Is Using Debt Extensively

Mar 23
These 4 Measures Indicate That Globe Trade Centre (WSE:GTC) Is Using Debt Extensively

Globe Trade Centre (WSE:GTC) Takes On Some Risk With Its Use Of Debt

Dec 03
Globe Trade Centre (WSE:GTC) Takes On Some Risk With Its Use Of Debt

Recent updates

Is There An Opportunity With Globe Trade Centre S.A.'s (WSE:GTC) 36% Undervaluation?

Sep 30
Is There An Opportunity With Globe Trade Centre S.A.'s (WSE:GTC) 36% Undervaluation?

Is Globe Trade Centre (WSE:GTC) A Risky Investment?

Jul 18
Is Globe Trade Centre (WSE:GTC) A Risky Investment?

Some Investors May Be Willing To Look Past Globe Trade Centre's (WSE:GTC) Soft Earnings

May 02
Some Investors May Be Willing To Look Past Globe Trade Centre's (WSE:GTC) Soft Earnings

Is Globe Trade Centre (WSE:GTC) Using Too Much Debt?

Mar 02
Is Globe Trade Centre (WSE:GTC) Using Too Much Debt?

Is It Time To Consider Buying Globe Trade Centre S.A. (WSE:GTC)?

Apr 19
Is It Time To Consider Buying Globe Trade Centre S.A. (WSE:GTC)?

These 4 Measures Indicate That Globe Trade Centre (WSE:GTC) Is Using Debt Extensively

Mar 23
These 4 Measures Indicate That Globe Trade Centre (WSE:GTC) Is Using Debt Extensively

Calculating The Intrinsic Value Of Globe Trade Centre S.A. (WSE:GTC)

Feb 22
Calculating The Intrinsic Value Of Globe Trade Centre S.A. (WSE:GTC)

Globe Trade Centre (WSE:GTC) Share Prices Have Dropped 32% In The Last Three Years

Jan 26
Globe Trade Centre (WSE:GTC) Share Prices Have Dropped 32% In The Last Three Years

Is There Now An Opportunity In Globe Trade Centre S.A. (WSE:GTC)?

Dec 29
Is There Now An Opportunity In Globe Trade Centre S.A. (WSE:GTC)?

Globe Trade Centre (WSE:GTC) Takes On Some Risk With Its Use Of Debt

Dec 03
Globe Trade Centre (WSE:GTC) Takes On Some Risk With Its Use Of Debt

Financial Position Analysis

Short Term Liabilities: GTC's short term assets (€164.6M) do not cover its short term liabilities (€173.7M).

Long Term Liabilities: GTC's short term assets (€164.6M) do not cover its long term liabilities (€1.4B).

Debt to Equity History and Analysis

Debt Level: GTC's net debt to equity ratio (109.3%) is considered high.

Reducing Debt: GTC's debt to equity ratio has increased from 113.3% to 113.5% over the past 5 years.

Debt Coverage: GTC's debt is not well covered by operating cash flow (7.8%).

Interest Coverage: GTC's interest payments on its debt are well covered by EBIT (3.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 19:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Globe Trade Centre S.A. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamil KliszczBiuro maklerskie mBanku
Piotr ZybalaBiuro maklerskie mBanku
Piotr ZielonkaCitigroup Inc