Fincantieri Balance Sheet Health
Financial Health criteria checks 3/6
Fincantieri has a total shareholder equity of €442.0M and total debt of €3.2B, which brings its debt-to-equity ratio to 731.3%. Its total assets and total liabilities are €8.9B and €8.4B respectively. Fincantieri's EBIT is €123.0M making its interest coverage ratio 0.6. It has cash and short-term investments of €460.1M.
Key information
731.3%
Debt to equity ratio
€3.23b
Debt
Interest coverage ratio | 0.6x |
Cash | €460.14m |
Equity | €442.01m |
Total liabilities | €8.43b |
Total assets | €8.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1F80's short term assets (€5.5B) do not cover its short term liabilities (€6.2B).
Long Term Liabilities: 1F80's short term assets (€5.5B) exceed its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: 1F80's net debt to equity ratio (627.2%) is considered high.
Reducing Debt: 1F80's debt to equity ratio has increased from 187.4% to 731.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1F80 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1F80 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.4% per year.