Grenke Balance Sheet Health
Financial Health criteria checks 3/6
Grenke has a total shareholder equity of €1.4B and total debt of €4.7B, which brings its debt-to-equity ratio to 345.1%. Its total assets and total liabilities are €7.2B and €5.8B respectively.
Key information
345.1%
Debt to equity ratio
€4.67b
Debt
Interest coverage ratio | n/a |
Cash | €709.52m |
Equity | €1.35b |
Total liabilities | €5.83b |
Total assets | €7.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GKSG.F's short term assets (€7.0B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: GKSG.F's short term assets (€7.0B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: GKSG.F's net debt to equity ratio (292.6%) is considered high.
Reducing Debt: GKSG.F's debt to equity ratio has reduced from 366.4% to 345.1% over the past 5 years.
Debt Coverage: GKSG.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GKSG.F's interest payments on its debt are well covered by EBIT.