Geox Balance Sheet Health
Financial Health criteria checks 3/6
Geox has a total shareholder equity of €76.4M and total debt of €347.9M, which brings its debt-to-equity ratio to 455.6%. Its total assets and total liabilities are €676.0M and €599.6M respectively. Geox's EBIT is €6.0M making its interest coverage ratio 0.5. It has cash and short-term investments of €70.1M.
Key information
455.6%
Debt to equity ratio
€347.94m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €70.15m |
| Equity | €76.37m |
| Total liabilities | €599.61m |
| Total assets | €675.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GXSB.Y's short term assets (€355.6M) exceed its short term liabilities (€217.8M).
Long Term Liabilities: GXSB.Y's short term assets (€355.6M) do not cover its long term liabilities (€381.8M).
Debt to Equity History and Analysis
Debt Level: GXSB.Y's net debt to equity ratio (363.8%) is considered high.
Reducing Debt: GXSB.Y's debt to equity ratio has increased from 18.9% to 455.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GXSB.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GXSB.Y is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.4% per year.