Pittler Maschinenfabrik Balance Sheet Health
Financial Health criteria checks 4/6
Pittler Maschinenfabrik has a total shareholder equity of €13.8M and total debt of €6.0M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are €24.3M and €10.5M respectively.
Key information
43.3%
Debt to equity ratio
€5.96m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.72m |
| Equity | €13.76m |
| Total liabilities | €10.53m |
| Total assets | €24.29m |
Recent financial health updates
Health Check: How Prudently Does Pittler Maschinenfabrik (FRA:PIT) Use Debt?
Jun 18
Is Pittler Maschinenfabrik (FRA:PIT) A Risky Investment?
May 22Recent updates
Fewer Investors Than Expected Jumping On Pittler Maschinenfabrik AG (FRA:PIT)
Oct 26Health Check: How Prudently Does Pittler Maschinenfabrik (FRA:PIT) Use Debt?
Jun 18Pittler Maschinenfabrik AG's (FRA:PIT) Share Price Is Matching Sentiment Around Its Earnings
Mar 01Is Pittler Maschinenfabrik (FRA:PIT) A Risky Investment?
May 22Returns On Capital Signal Tricky Times Ahead For Pittler Maschinenfabrik (FRA:PIT)
Feb 22Pittler Maschinenfabrik (FRA:PIT) Will Want To Turn Around Its Return Trends
Nov 20Pittler Maschinenfabrik's (FRA:PIT) Solid Profits Have Weak Fundamentals
May 07There's Been No Shortage Of Growth Recently For Pittler Maschinenfabrik's (FRA:PIT) Returns On Capital
May 03Pittler Maschinenfabrik (FRA:PIT) Is Looking To Continue Growing Its Returns On Capital
Nov 28Financial Position Analysis
Short Term Liabilities: PIT's short term assets (€9.5M) exceed its short term liabilities (€3.2M).
Long Term Liabilities: PIT's short term assets (€9.5M) exceed its long term liabilities (€7.3M).
Debt to Equity History and Analysis
Debt Level: PIT's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: PIT's debt to equity ratio has increased from 2.7% to 43.3% over the past 5 years.
Debt Coverage: PIT's debt is well covered by operating cash flow (47.8%).
Interest Coverage: Insufficient data to determine if PIT's interest payments on its debt are well covered by EBIT.