Galp Energia SGPS Balance Sheet Health
Financial Health criteria checks 4/6
Galp Energia SGPS has a total shareholder equity of €5.7B and total debt of €3.3B, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are €16.4B and €10.8B respectively. Galp Energia SGPS's EBIT is €2.9B making its interest coverage ratio 37. It has cash and short-term investments of €1.8B.
Key information
57.8%
Debt to equity ratio
€3.29b
Debt
| Interest coverage ratio | 37x |
| Cash | €1.78b |
| Equity | €5.69b |
| Total liabilities | €10.76b |
| Total assets | €16.45b |
Recent financial health updates
Here's Why Galp Energia SGPS (ELI:GALP) Can Manage Its Debt Responsibly
Apr 26
Is Galp Energia SGPS (ELI:GALP) A Risky Investment?
Oct 31Galp Energia SGPS (ELI:GALP) Seems To Use Debt Quite Sensibly
Jul 25Does Galp Energia SGPS (ELI:GALP) Have A Healthy Balance Sheet?
Apr 18Does Galp Energia SGPS (ELI:GALP) Have A Healthy Balance Sheet?
Dec 20Here's Why Galp Energia SGPS (ELI:GALP) Can Manage Its Debt Responsibly
Jun 20Recent updates
Here's Why Galp Energia SGPS (ELI:GALP) Can Manage Its Debt Responsibly
Apr 26Benign Growth For Galp Energia, SGPS, S.A. (ELI:GALP) Underpins Its Share Price
Mar 31Under The Bonnet, Galp Energia SGPS' (ELI:GALP) Returns Look Impressive
Feb 29Is There An Opportunity With Galp Energia, SGPS, S.A.'s (ELI:GALP) 26% Undervaluation?
Jan 07Investors Don't See Light At End Of Galp Energia, SGPS, S.A.'s (ELI:GALP) Tunnel
Dec 24Is Now The Time To Put Galp Energia SGPS (ELI:GALP) On Your Watchlist?
Dec 10Galp Energia SGPS (ELI:GALP) Could Become A Multi-Bagger
Nov 13Is Galp Energia SGPS (ELI:GALP) A Risky Investment?
Oct 31Galp Energia, SGPS, S.A.'s (ELI:GALP) Intrinsic Value Is Potentially 31% Above Its Share Price
Sep 19We Ran A Stock Scan For Earnings Growth And Galp Energia SGPS (ELI:GALP) Passed With Ease
Sep 04Galp Energia SGPS (ELI:GALP) Seems To Use Debt Quite Sensibly
Jul 25We Like Galp Energia SGPS' (ELI:GALP) Returns And Here's How They're Trending
Jul 10Is Galp Energia, SGPS, S.A. (ELI:GALP) Trading At A 22% Discount?
Jun 03Does Galp Energia SGPS (ELI:GALP) Have A Healthy Balance Sheet?
Apr 18With EPS Growth And More, Galp Energia SGPS (ELI:GALP) Makes An Interesting Case
Mar 01A Look At The Fair Value Of Galp Energia, SGPS, S.A. (ELI:GALP)
Jan 09Does Galp Energia SGPS (ELI:GALP) Have A Healthy Balance Sheet?
Dec 20Investors Should Be Encouraged By Galp Energia SGPS' (ELI:GALP) Returns On Capital
Dec 02Galp Energia SGPS (ELI:GALP) Is Increasing Its Dividend To €0.26
Sep 15Investors Shouldn't Overlook Galp Energia SGPS' (ELI:GALP) Impressive Returns On Capital
Aug 30Analysts Just Shipped A Sizeable Upgrade To Their Galp Energia, SGPS, S.A. (ELI:GALP) Estimates
Jul 27Here's Why Galp Energia SGPS (ELI:GALP) Can Manage Its Debt Responsibly
Jun 20Are Investors Undervaluing Galp Energia, SGPS, S.A. (ELI:GALP) By 41%?
May 30Galp Energia SGPS (ELI:GALP) Is Doing The Right Things To Multiply Its Share Price
Apr 17Is Galp Energia, SGPS, S.A. (ELI:GALP) Trading At A 23% Discount?
Feb 21Does Galp Energia SGPS (ELI:GALP) Have A Healthy Balance Sheet?
Jan 10Investors Will Want Galp Energia SGPS' (ELI:GALP) Growth In ROCE To Persist
Dec 16A Look At The Intrinsic Value Of Galp Energia, SGPS, S.A. (ELI:GALP)
Nov 04These 4 Measures Indicate That Galp Energia SGPS (ELI:GALP) Is Using Debt Reasonably Well
Sep 27Galp Energia, SGPS, S.A.'s (ELI:GALP) Intrinsic Value Is Potentially 88% Above Its Share Price
Aug 05Returns On Capital Signal Difficult Times Ahead For Galp Energia SGPS (ELI:GALP)
Jul 19Does Galp Energia SGPS (ELI:GALP) Have A Healthy Balance Sheet?
Jun 04Galp Energia, SGPS, S.A. (ELI:GALP) Shares Could Be 29% Below Their Intrinsic Value Estimate
May 06Something To Consider Before Buying Galp Energia, SGPS, S.A. (ELI:GALP) For The 3.5% Dividend
Mar 24Is Galp Energia, SGPS, S.A. (ELI:GALP) Popular Amongst Institutions?
Mar 03Galp Energia SGPS (ELI:GALP) Is Carrying A Fair Bit Of Debt
Feb 10Financial Position Analysis
Short Term Liabilities: GALP's short term assets (€6.2B) exceed its short term liabilities (€3.8B).
Long Term Liabilities: GALP's short term assets (€6.2B) do not cover its long term liabilities (€6.9B).
Debt to Equity History and Analysis
Debt Level: GALP's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: GALP's debt to equity ratio has increased from 49.6% to 57.8% over the past 5 years.
Debt Coverage: GALP's debt is well covered by operating cash flow (77.6%).
Interest Coverage: GALP's interest payments on its debt are well covered by EBIT (37x coverage).