Gek Terna Balance Sheet Health
Financial Health criteria checks 3/6
Gek Terna has a total shareholder equity of €1.3B and total debt of €3.0B, which brings its debt-to-equity ratio to 236.4%. Its total assets and total liabilities are €6.1B and €4.8B respectively. Gek Terna's EBIT is €393.6M making its interest coverage ratio 3.1. It has cash and short-term investments of €1.3B.
Key information
236.4%
Debt to equity ratio
€3.02b
Debt
Interest coverage ratio | 3.1x |
Cash | €1.31b |
Equity | €1.28b |
Total liabilities | €4.78b |
Total assets | €6.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GKTR.F's short term assets (€3.1B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: GKTR.F's short term assets (€3.1B) do not cover its long term liabilities (€3.7B).
Debt to Equity History and Analysis
Debt Level: GKTR.F's net debt to equity ratio (133.7%) is considered high.
Reducing Debt: GKTR.F's debt to equity ratio has reduced from 252.2% to 236.4% over the past 5 years.
Debt Coverage: GKTR.F's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: GKTR.F's interest payments on its debt are well covered by EBIT (3.1x coverage).