Ermenegildo Zegna Balance Sheet Health
Financial Health criteria checks 5/6
Ermenegildo Zegna has a total shareholder equity of €900.9M and total debt of €403.5M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are €2.8B and €1.9B respectively. Ermenegildo Zegna's EBIT is €224.3M making its interest coverage ratio 8.1. It has cash and short-term investments of €386.3M.
Key information
44.8%
Debt to equity ratio
€403.52m
Debt
Interest coverage ratio | 8.1x |
Cash | €386.34m |
Equity | €900.90m |
Total liabilities | €1.87b |
Total assets | €2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JN0's short term assets (€1.3B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: JN0's short term assets (€1.3B) exceed its long term liabilities (€854.0M).
Debt to Equity History and Analysis
Debt Level: JN0's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JN0's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JN0's debt is well covered by operating cash flow (68.2%).
Interest Coverage: JN0's interest payments on its debt are well covered by EBIT (8.1x coverage).