Fiera Milano Balance Sheet Health
Financial Health criteria checks 3/6
Fiera Milano has a total shareholder equity of €148.4M and total debt of €58.6M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are €754.5M and €606.1M respectively. Fiera Milano's EBIT is €37.5M making its interest coverage ratio 3.6. It has cash and short-term investments of €136.2M.
Key information
39.5%
Debt to equity ratio
€58.64m
Debt
Interest coverage ratio | 3.6x |
Cash | €136.18m |
Equity | €148.43m |
Total liabilities | €606.10m |
Total assets | €754.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FM3's short term assets (€182.3M) do not cover its short term liabilities (€223.9M).
Long Term Liabilities: FM3's short term assets (€182.3M) do not cover its long term liabilities (€382.2M).
Debt to Equity History and Analysis
Debt Level: FM3 has more cash than its total debt.
Reducing Debt: FM3's debt to equity ratio has increased from 5.9% to 39.5% over the past 5 years.
Debt Coverage: FM3's debt is well covered by operating cash flow (166.4%).
Interest Coverage: FM3's interest payments on its debt are well covered by EBIT (3.6x coverage).