Pittler Maschinenfabrik Balance Sheet Health
Financial Health criteria checks 3/6
Pittler Maschinenfabrik has a total shareholder equity of €12.4M and total debt of €6.5M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are €23.7M and €11.3M respectively.
Key information
52.9%
Debt to equity ratio
€6.55m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.10m |
| Equity | €12.38m |
| Total liabilities | €11.28m |
| Total assets | €23.66m |
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
Health 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 (€5.9M) exceed its short term liabilities (€3.6M).
Long Term Liabilities: PIT's short term assets (€5.9M) do not cover its long term liabilities (€7.7M).
Debt to Equity History and Analysis
Debt Level: PIT's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: PIT's debt to equity ratio has increased from 3.8% to 52.9% over the past 5 years.
Debt Coverage: PIT's debt is well covered by operating cash flow (28.5%).
Interest Coverage: Insufficient data to determine if PIT's interest payments on its debt are well covered by EBIT.