Piquadro Balance Sheet Health
Financial Health criteria checks 6/6
Piquadro has a total shareholder equity of €64.7M and total debt of €15.4M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are €179.9M and €115.2M respectively. Piquadro's EBIT is €15.8M making its interest coverage ratio 20.3. It has cash and short-term investments of €35.1M.
Key information
23.9%
Debt to equity ratio
€15.44m
Debt
| Interest coverage ratio | 20.3x |
| Cash | €35.09m |
| Equity | €64.72m |
| Total liabilities | €115.23m |
| Total assets | €179.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4LZ's short term assets (€117.7M) exceed its short term liabilities (€78.3M).
Long Term Liabilities: 4LZ's short term assets (€117.7M) exceed its long term liabilities (€36.9M).
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 reduced from 28.5% to 23.9% over the past 5 years.
Debt Coverage: 4LZ's debt is well covered by operating cash flow (100.6%).
Interest Coverage: 4LZ's interest payments on its debt are well covered by EBIT (20.3x coverage).