Groupe Pizzorno Environnement Balance Sheet Health
Financial Health criteria checks 6/6
Groupe Pizzorno Environnement has a total shareholder equity of €86.7M and total debt of €68.3M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are €304.6M and €217.8M respectively. Groupe Pizzorno Environnement's EBIT is €12.8M making its interest coverage ratio -8.7. It has cash and short-term investments of €61.1M.
Key information
78.7%
Debt to equity ratio
€68.28m
Debt
| Interest coverage ratio | -8.7x |
| Cash | €61.10m |
| Equity | €86.72m |
| Total liabilities | €217.84m |
| Total assets | €304.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9X8's short term assets (€152.2M) exceed its short term liabilities (€113.4M).
Long Term Liabilities: 9X8's short term assets (€152.2M) exceed its long term liabilities (€104.4M).
Debt to Equity History and Analysis
Debt Level: 9X8's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 9X8's debt to equity ratio has reduced from 129.9% to 78.7% over the past 5 years.
Debt Coverage: 9X8's debt is well covered by operating cash flow (69%).
Interest Coverage: 9X8 earns more interest than it pays, so coverage of interest payments is not a concern.