Getlink Balance Sheet Health
Financial Health criteria checks 2/6
Getlink has a total shareholder equity of €2.5B and total debt of €5.8B, which brings its debt-to-equity ratio to 234.8%. Its total assets and total liabilities are €9.0B and €6.6B respectively. Getlink's EBIT is €728.0M making its interest coverage ratio 2.4. It has cash and short-term investments of €1.6B.
Key information
234.8%
Debt to equity ratio
€5.80b
Debt
Interest coverage ratio | 2.4x |
Cash | €1.56b |
Equity | €2.47b |
Total liabilities | €6.56b |
Total assets | €9.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRPT.Y's short term assets (€1.8B) exceed its short term liabilities (€565.0M).
Long Term Liabilities: GRPT.Y's short term assets (€1.8B) do not cover its long term liabilities (€6.0B).
Debt to Equity History and Analysis
Debt Level: GRPT.Y's net debt to equity ratio (171.5%) is considered high.
Reducing Debt: GRPT.Y's debt to equity ratio has reduced from 277.2% to 234.8% over the past 5 years.
Debt Coverage: GRPT.Y's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: GRPT.Y's interest payments on its debt are not well covered by EBIT (2.4x coverage).