Greif Balance Sheet Health
Financial Health criteria checks 3/6
Greif has a total shareholder equity of $2.2B and total debt of $2.9B, which brings its debt-to-equity ratio to 130.7%. Its total assets and total liabilities are $6.8B and $4.6B respectively. Greif's EBIT is $452.9M making its interest coverage ratio 3.8. It has cash and short-term investments of $194.2M.
Key information
130.7%
Debt to equity ratio
US$2.91b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$194.20m |
| Equity | US$2.23b |
| Total liabilities | US$4.61b |
| Total assets | US$6.83b |
Recent financial health updates
No updates
Recent updates
Greif: Attractive Enough To Be Bullish About
Oct 04Greif: Still Worth Considering, Even After Shares Took A Hit
Dec 18Greif goes ex-dividend tomorrow
Dec 14Greif, Inc.: Potential Still Exists
May 09Greif: M&A And Product Price Rise Will Likely Drive Stock Up
Feb 25Greif: The B Shares Are A Steal, Arb Spread Near All-Time Low
Jun 13Greif declares $0.65 dividend
Dec 08Financial Position Analysis
Short Term Liabilities: GEF.B's short term assets ($1.7B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: GEF.B's short term assets ($1.7B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: GEF.B's net debt to equity ratio (122%) is considered high.
Reducing Debt: GEF.B's debt to equity ratio has reduced from 244.6% to 130.7% over the past 5 years.
Debt Coverage: GEF.B's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: GEF.B's interest payments on its debt are well covered by EBIT (3.8x coverage).