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Picanol Balance Sheet Health
Financial Health criteria checks 5/6
Key information
18.4%
Debt to equity ratio
€342.80m
Debt
| Interest coverage ratio | 36.8x |
| Cash | €376.90m |
| Equity | €1.86b |
| Total liabilities | €1.35b |
| Total assets | €3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z6Y's short term assets (€1.5B) exceed its short term liabilities (€785.5M).
Long Term Liabilities: Z6Y's short term assets (€1.5B) exceed its long term liabilities (€562.7M).
Debt to Equity History and Analysis
Debt Level: Z6Y has more cash than its total debt.
Reducing Debt: Z6Y's debt to equity ratio has increased from 0.7% to 18.4% over the past 5 years.
Debt Coverage: Z6Y's debt is well covered by operating cash flow (64.4%).
Interest Coverage: Z6Y's interest payments on its debt are well covered by EBIT (36.8x coverage).