Piquadro Balance Sheet Health
Financial Health criteria checks 5/6
Piquadro has a total shareholder equity of €59.0M and total debt of €22.3M, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are €183.5M and €124.5M respectively. Piquadro's EBIT is €16.1M making its interest coverage ratio 5.4. It has cash and short-term investments of €35.6M.
Key information
37.9%
Debt to equity ratio
€22.33m
Debt
Interest coverage ratio | 5.4x |
Cash | €35.58m |
Equity | €58.99m |
Total liabilities | €124.52m |
Total assets | €183.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4LZ's short term assets (€120.9M) exceed its short term liabilities (€82.7M).
Long Term Liabilities: 4LZ's short term assets (€120.9M) exceed its long term liabilities (€41.8M).
Debt to Equity History and Analysis
Debt Level: 4LZ has more cash than its total debt.
Reducing Debt: 4LZ's debt to equity ratio has increased from 30.9% to 37.9% over the past 5 years.
Debt Coverage: 4LZ's debt is well covered by operating cash flow (107.8%).
Interest Coverage: 4LZ's interest payments on its debt are well covered by EBIT (5.4x coverage).