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
Here's Why Greif (NYSE:GEF) Has A Meaningful Debt Burden
Aug 24
These 4 Measures Indicate That Greif (NYSE:GEF) Is Using Debt Extensively
Apr 05Is Greif (NYSE:GEF) Using Too Much Debt?
Nov 20We Think Greif (NYSE:GEF) Is Taking Some Risk With Its Debt
Jul 07Here's Why Greif (NYSE:GEF) Can Manage Its Debt Responsibly
Mar 13Recent updates
Here's Why Greif (NYSE:GEF) Has A Meaningful Debt Burden
Aug 24Benign Growth For Greif, Inc. (NYSE:GEF) Underpins Its Share Price
Aug 05Is There Now An Opportunity In Greif, Inc. (NYSE:GEF)?
Jul 15Greif: Not Compelled To Shift Our Neutral Stance
Jul 10Greif: Another Price Increase? Good Greif
Jun 14Lacklustre Performance Is Driving Greif, Inc.'s (NYSE:GEF) Low P/E
Apr 23These 4 Measures Indicate That Greif (NYSE:GEF) Is Using Debt Extensively
Apr 05Should You Investigate Greif, Inc. (NYSE:GEF) At US$63.00?
Mar 19Greif (NYSE:GEF) Is Due To Pay A Dividend Of $0.52
Mar 01Greif: Performance And Expectations Are Worsening, But The Share Price Remains High
Feb 01Greif, Inc. (NYSE:GEF) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 02Greif: Low Demand And Weak Results Signal Limited Growth
Dec 21Is Greif, Inc. (NYSE:GEF) Potentially Undervalued?
Dec 08Is Greif (NYSE:GEF) Using Too Much Debt?
Nov 20Greif: The High Yield Class B Shares Are A Compelling Buy
Sep 27Greif: High Valuation And Weak Results Makes It Unattractive
Sep 16Greif's (NYSE:GEF) Dividend Will Be Increased To $0.52
Sep 01The Returns At Greif (NYSE:GEF) Aren't Growing
Aug 23At US$74.90, Is Greif, Inc. (NYSE:GEF) Worth Looking At Closely?
Aug 02Should You Be Adding Greif (NYSE:GEF) To Your Watchlist Today?
Jul 20Greif, Inc. Still Offers Upside Even As Financial Performance Deteriorates
Jul 07We Think Greif (NYSE:GEF) Is Taking Some Risk With Its Debt
Jul 07Greif (NYSE:GEF) Hasn't Managed To Accelerate Its Returns
May 25Is It Time To Consider Buying Greif, Inc. (NYSE:GEF)?
Apr 27Does Greif (NYSE:GEF) Deserve A Spot On Your Watchlist?
Apr 03Here's Why Greif (NYSE:GEF) Can Manage Its Debt Responsibly
Mar 13Good Greif: Why This Company Deserves Your Attention
Jan 29Greif (NYSE:GEF) Is Looking To Continue Growing Its Returns On Capital
Jan 27Why Greif, Inc. (NYSE:GEF) Could Be Worth Watching
Jan 12Greif: Temper The Optimism
Dec 19Greif declares $0.50 dividend
Dec 06Greif reaffirms annual guidance, announces Lee Container acquisition
Nov 09Is Now The Time To Put Greif (NYSE:GEF) On Your Watchlist?
Oct 25Return Trends At Greif (NYSE:GEF) Aren't Appealing
Oct 12Greif, Inc.: Good Relative Strength In 2022 Along With A Low Valuation
Oct 04Is Now The Time To Look At Buying Greif, Inc. (NYSE:GEF)?
Sep 27Financial Position Analysis
Short Term Liabilities: GEF's short term assets ($1.7B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: GEF's short term assets ($1.7B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: GEF's net debt to equity ratio (122%) is considered high.
Reducing Debt: GEF's debt to equity ratio has reduced from 244.6% to 130.7% over the past 5 years.
Debt Coverage: GEF's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: GEF's interest payments on its debt are well covered by EBIT (3.8x coverage).