Grifols, S.A. (GRFS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q4'19 | Q3'19 | Q2'19 |
|---|
| Total Current Assets | 5.26B | 5.07B | 5.37B | 5.25B | 5.64B | 5.73B | 5.32B | 6.91B | 6.76B | 6.13B | 5.02B | 3.24B | 3.09B | 3.16B | 3.64B | 3.55B | 3.66B | 6.02B | 3.66B | 3.42B |
| Cash & Short-Term Investments | 702.73M | 824.65M | 825.48M | 565.8M | 1.01B | 1B | 806.74M | 2.26B | 608.92M | 646.04M | 484.23M | 399.55M | 387.06M | 590.67M | 1.05B | 889.8M | 650.73M | 2.76B | 794.9M | 723.13M |
| Cash Only | 702.73M | 824.65M | 622.95M | 558.69M | 752.82M | 979.78M | 644.94M | 2.11B | 448.55M | 529.58M | 484.23M | 397.86M | 380.98M | 579.65M | 1.03B | 878.41M | 637.7M | 832.87M | 792.13M | 553.7M |
| Short-Term Investments | 0 | 0 | 204.52M | 7.11M | 253.03M | 21.18M | 161.8M | 146.33M | 160.38M | 116.47M | 0 | 1.68M | 6.08M | 11.02M | 12.29M | 11.39M | 13.04M | 1.93B | 2.76M | 169.43M |
| Accounts Receivable | 959M | 844.64M | 1.1B | 1.25B | 1.04B | 1.08B | 1.01B | 788.65M | 998.01M | 692.86M | 908.03M | 531.78M | 495.78M | 383.23M | 568.29M | 439.29M | 507.62M | 528.13M | 464.28M | 458.96M |
| Days Sales Outstanding | 46.97 | 45.57 | 58.01 | 55.14 | 53.39 | 48.58 | 46.08 | 44.72 | 47.32 | 41.62 | 41.12 | 34.58 | 33.39 | 28.04 | 29.3 | 31.13 | 36.44 | 33.54 | 32.31 | 37.92 |
| Inventory | 3.46B | 3.29B | 3.36B | 3.35B | 3.52B | 3.56B | 3.46B | 3.62B | 3.65B | 3.48B | 3.49B | 2.12B | 2.14B | 2B | 1.99B | 2.09B | 2.46B | 2.63B | 2.33B | 2.21B |
| Days Inventory Outstanding | 276.95 | 238.62 | 276.94 | 272.51 | 294.88 | 266.86 | 305.41 | 288.3 | 331.94 | 296.91 | 265.11 | 251.51 | 286.02 | 214.09 | 226.42 | 220.77 | 329.81 | 303.09 | 294.62 | 294.05 |
| Other Current Assets | 136.14M | 100.96M | 81.29M | 64.56M | 70.11M | 78.58M | 53.55M | 243.4M | 1.5B | 1.31B | 136.43M | 183.78M | 64.73M | 188.77M | 43.76M | 139.98M | 45.92M | 78.03M | 0 | 37.24M |
| Total Non-Current Assets | 14.84B | 14.68B | 14.55B | 14.52B | 15.34B | 15.68B | 14.96B | 15.38B | 15.19B | 14.86B | 17.05B | 12.97B | 13.05B | 12.11B | 12B | 12.04B | 12.23B | 11.43B | 10.38B | 9.9B |
| Property, Plant & Equipment | 3.17B | 4.05B | 3.12B | 4.04B | 3.24B | 4.31B | 3.16B | 4.21B | 3.25B | 4.19B | 3.28B | 3.14B | 2.42B | 3B | 2.17B | 2.91B | 2.21B | 3.21B | 2.11B | 2.68B |
| Fixed Asset Turnover | 0.48x | 0.55x | 0.52x | 0.52x | 0.47x | 0.53x | 0.49x | 0.49x | 0.44x | 0.47x | 0.50x | 0.49x | 0.44x | 0.60x | 0.62x | 0.54x | 0.48x | 0.51x | 0.55x | 0.54x |
| Goodwill | 10.64B | 6.83B | 0 | 6.86B | 0 | 7.4B | 0 | 7.1B | 0 | 6.8B | 0 | 5.99B | 0 | 5.33B | 0 | 5.5B | 0 | 6.18B | 0 | 5.42B |
| Intangible Assets | 0 | 2.73B | 10.55B | 2.74B | 11.23B | 2.93B | 10.65B | 2.88B | 10.74B | 1.21B | 10.88B | 1.57B | 8.36B | 982.13M | 7.66B | 1.43B | 7.8B | 1.61B | 7.88B | 1.42B |
| Long-Term Investments | 609.64M | 592.75M | 498.29M | 471.01M | 515.19M | 528.97M | 690.1M | 560M | 532.08M | 451.9M | 2.6B | 2.05B | 2.13B | 1.98B | 2.04B | 1.94B | 2.09B | 278.35M | 264.31M | 267.65M |
| Other Non-Current Assets | 428.45M | 15.99M | 386.59M | 31.86M | 357.07M | 167.72M | 453.49M | 619.07M | 670.72M | 2.21B | 296.95M | 232.39M | 142M | 812.55M | 126.4M | 254.45M | 131.54M | 6.1M | 119.77M | 0 |
| Total Assets | 20.1B | 19.75B | 19.92B | 19.77B | 20.98B | 21.41B | 20.28B | 22.29B | 21.95B | 20.99B | 22.06B | 16.21B | 16.14B | 15.27B | 15.65B | 15.6B | 15.9B | 17.45B | 14.04B | 13.32B |
| Asset Turnover | 0.09x | 0.10x | 0.09x | 0.09x | 0.08x | 0.09x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.10x | 0.10x | 0.09x | 0.08x | 0.09x | 0.10x | 0.09x |
| Asset Growth % | -4.19% | -7.73% | -1.81% | -11.32% | -4.44% | 1.97% | -8.07% | - | - | - | - | 3.95% | 1.52% | -12.45% | 11.47% | 17.07% | 18.74% | 39.83% | 19.16% | 16.53% |
| Total Current Liabilities | 2.13B | 2.02B | 2.16B | 1.99B | 2.17B | 2.16B | 2.36B | 4.11B | 3.04B | 2.33B | 2.03B | 1.92B | 1.56B | 1.34B | 1.24B | 1.24B | 1.33B | 1.53B | 1.39B | 1.28B |
| Accounts Payable | 0 | 840.64M | 0 | 878.68M | 0 | 852.3M | 0 | 877.72M | 0 | 822.95M | 0 | 580.25M | 0 | 601.62M | 0 | 551.9M | 0 | 653.16M | 0 | 536.74M |
| Days Payables Outstanding | - | 60.3 | - | 69.69 | - | 64.84 | - | 69.61 | - | 70.12 | - | 68.48 | - | 64.59 | - | 53.62 | - | 79.88 | - | 73.04 |
| Short-Term Debt | 589.61M | 385.84M | 597.02M | 282.14M | 657.3M | 523.13M | 905.88M | 2.64B | 1.75B | 916.51M | 653.25M | 854.2M | 637.11M | 278.72M | 319.92M | 215.44M | 331.41M | 358.69M | 415.43M | 289.13M |
| Deferred Revenue (Current) | 0 | 76.97M | 0 | 0 | 0 | 70.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.1M | 0 | 247.54M |
| Other Current Liabilities | 1.54B | 459.8M | 1.56B | 415.13M | 1.51B | 81.95M | 1.34B | 481.62M | 1.29B | 108.6M | 1.27B | 441.71M | 923.75M | 149.1M | 924.59M | 428.66M | 1B | 294.78M | 979.39M | 218.33M |
| Current Ratio | 2.47x | 2.51x | 2.48x | 2.64x | 2.60x | 2.66x | 2.26x | 1.68x | 2.22x | 2.64x | 2.48x | 1.69x | 1.98x | 2.37x | 2.93x | 2.86x | 2.75x | 3.92x | 2.62x | 2.68x |
| Quick Ratio | 0.85x | 0.88x | 0.93x | 0.95x | 0.97x | 1.01x | 0.79x | 0.80x | 1.02x | 1.14x | 0.75x | 0.58x | 0.61x | 0.87x | 1.33x | 1.18x | 0.90x | 2.21x | 0.96x | 0.95x |
| Cash Conversion Cycle | - | 223.89 | - | 257.95 | - | 250.6 | - | 263.41 | - | 268.4 | - | 217.62 | - | 177.54 | - | 198.28 | - | 256.75 | - | 258.93 |
| Total Non-Current Liabilities | 10.12B | 10.12B | 10.18B | 10.18B | 10.51B | 10.64B | 9.93B | 9.88B | 10.79B | 11.15B | 11.47B | 7.35B | 7.38B | 7.22B | 7.29B | 7.32B | 7.36B | 8.22B | 7.35B | 7.16B |
| Long-Term Debt | 9.09B | 7.39B | 9.12B | 7.45B | 9.39B | 8.42B | 7.87B | 7.73B | 9.65B | 8.99B | 9.37B | 5.98B | 6.73B | 5.91B | 6.73B | 6.09B | 6.86B | 6.84B | 6.9B | 6.02B |
| Capital Lease Obligations | 0 | 968.59M | 0 | 977.65M | 0 | 1.02B | 969M | 1.03B | 0 | 1B | 928M | 737.83M | 0 | 690.86M | 0 | 695.32M | 0 | 781.58M | 0 | 643.97M |
| Deferred Tax Liabilities | 0 | 906.61M | 0 | 922.27M | 0 | 1.01B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 520.65M | 0 | 401.11M |
| Other Non-Current Liabilities | 1.03B | 854.64M | 1.06B | 815.12M | 1.12B | 170.46M | 1.1B | 1.13B | 1.14B | 1.16B | 1.17B | 639M | 649.06M | 617.48M | 566.3M | 533.08M | 492.37M | 77.45M | 446.72M | 86.84M |
| Total Liabilities | 12.24B | 12.13B | 12.35B | 12.17B | 12.68B | 12.8B | 12.29B | 14B | 13.83B | 13.48B | 13.5B | 9.28B | 8.94B | 8.55B | 8.54B | 8.56B | 8.69B | 9.75B | 8.75B | 8.44B |
| Total Debt | 9.68B | 8.74B | 9.72B | 8.82B | 10.05B | 10.09B | 9.85B | 11.5B | 11.4B | 11.02B | 11.06B | 7.61B | 7.37B | 6.92B | 7.05B | 7.04B | 7.2B | 7.98B | 7.32B | 6.99B |
| Net Debt | 8.98B | 7.92B | 9.1B | 8.26B | 9.29B | 9.11B | 9.21B | 9.39B | 10.95B | 10.49B | 10.57B | 7.22B | 6.99B | 6.34B | 6.01B | 6.16B | 6.56B | 7.14B | 6.53B | 6.44B |
| Debt / Equity | 1.23x | 1.15x | 1.28x | 1.16x | 1.21x | 1.17x | 1.23x | 1.39x | 1.40x | 1.47x | 1.29x | 1.10x | 1.02x | 1.03x | 0.99x | 1.00x | 1.00x | 1.04x | 1.38x | 1.43x |
| Debt / EBITDA | 26.98x | 21.88x | 19.99x | 24.22x | 26.40x | 20.92x | 23.16x | 35.19x | 36.83x | 30.60x | 30.83x | 22.69x | 25.00x | 17.55x | 14.52x | 30.79x | 20.49x | 21.69x | 19.82x | 17.87x |
| Net Debt / EBITDA | 25.02x | 19.82x | 18.71x | 22.68x | 24.42x | 18.89x | 21.65x | 28.72x | 35.38x | 29.13x | 29.48x | 21.51x | 23.71x | 16.08x | 12.39x | 26.95x | 18.67x | 19.43x | 17.67x | 16.45x |
| Interest Coverage | 1.79x | 1.69x | 2.27x | 2.35x | 1.91x | 14.27x | 1.60x | 1.33x | 1.42x | 1.22x | 1.66x | - | 3.48x | 3.31x | 19.58x | 1.93x | 16.19x | 30.76x | 3.01x | 3.66x |
| Total Equity | 7.86B | 7.6B | 7.57B | 7.6B | 8.29B | 8.61B | 8B | 8.3B | 8.12B | 7.51B | 8.57B | 6.94B | 7.2B | 6.72B | 7.11B | 7.04B | 7.21B | 7.68B | 5.29B | 4.89B |
| Equity Growth % | -5.29% | -11.7% | -5.29% | -8.4% | 2.12% | 14.55% | -6.69% | - | - | - | - | -1.47% | -0.14% | -12.55% | 34.32% | 44.11% | 47.76% | 63.62% | 27.6% | 23.03% |
| Book Value per Share | 11.54 | 11.17 | 11.13 | 11.03 | 12.19 | 12.65 | 11.76 | 11.18 | 11.43 | 11.06 | 12.63 | 10.17 | 10.55 | 9.83 | 11.15 | 10.61 | 10.86 | 11.58 | 7.67 | 7.08 |
| Total Shareholders' Equity | 5.46B | 5.27B | 5.2B | 5.17B | 5.64B | 5.88B | 5.35B | 5.59B | 5.94B | 5.37B | 6.13B | 5.17B | 5.42B | 5.11B | 5.35B | 5.36B | 5.54B | 5.41B | 4.77B | 4.39B |
| Common Stock | 120.13M | 119.95M | 119.99M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 119.6M | 134.26M | 119.6M | 119.6M |
| Retained Earnings | 0 | 0 | 201.67M | 176.79M | 59.72M | 156.92M | 87.95M | 74.13M | 21.42M | 79.36M | 3.32M | 320.57M | 129.94M | 688.57M | 348.86M | 139.46M | 49.55M | 0 | 423.4M | 335.71M |
| Treasury Stock | -131.14M | -130.94M | -131.09M | -132.17M | -132.17M | -134.45M | -145.29M | -145.29M | -152.75M | -152.75M | -158.69M | -164.19M | -67.23M | -43.73M | -43.73M | -43.77M | -49.11M | -55.66M | -49.58M | -49.65M |
| Accumulated OCI | 4.56B | 4.37B | 4.08B | 4.09B | 4.68B | 4.83B | 4.38B | 4.63B | 5.04B | 4.41B | 5.25B | 3.98B | 4.33B | 3.43B | 4.01B | 4.24B | 4.51B | 4.31B | 3.37B | 3.08B |
| Minority Interest | 2.39B | 2.33B | 2.38B | 2.43B | 2.65B | 2.72B | 2.65B | 2.7B | 2.18B | 2.15B | 2.44B | 1.77B | 1.77B | 1.61B | 1.76B | 1.68B | 1.66B | 2.27B | 520M | 492.06M |