Groupe Pizzorno Environnement Balance Sheet Health
Financial Health criteria checks 6/6
Groupe Pizzorno Environnement has a total shareholder equity of €96.1M and total debt of €88.3M, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are €345.0M and €248.9M respectively. Groupe Pizzorno Environnement's EBIT is €18.0M making its interest coverage ratio -6.4. It has cash and short-term investments of €92.7M.
Key information
91.9%
Debt to equity ratio
€88.31m
Debt
Interest coverage ratio | -6.4x |
Cash | €92.65m |
Equity | €96.10m |
Total liabilities | €248.87m |
Total assets | €344.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9X8's short term assets (€183.7M) exceed its short term liabilities (€123.3M).
Long Term Liabilities: 9X8's short term assets (€183.7M) exceed its long term liabilities (€125.6M).
Debt to Equity History and Analysis
Debt Level: 9X8 has more cash than its total debt.
Reducing Debt: 9X8's debt to equity ratio has reduced from 108.1% to 91.9% over the past 5 years.
Debt Coverage: 9X8's debt is well covered by operating cash flow (56.3%).
Interest Coverage: 9X8 earns more interest than it pays, so coverage of interest payments is not a concern.