Ferretti Balance Sheet Health
Financial Health criteria checks 6/6
Ferretti has a total shareholder equity of €851.6M and total debt of €7.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €1.6B and €792.6M respectively. Ferretti's EBIT is €106.9M making its interest coverage ratio -19. It has cash and short-term investments of €273.7M.
Key information
0.9%
Debt to equity ratio
€7.46m
Debt
| Interest coverage ratio | -19x |
| Cash | €273.66m |
| Equity | €851.59m |
| Total liabilities | €792.57m |
| Total assets | €1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F3T1's short term assets (€913.6M) exceed its short term liabilities (€747.1M).
Long Term Liabilities: F3T1's short term assets (€913.6M) exceed its long term liabilities (€45.5M).
Debt to Equity History and Analysis
Debt Level: F3T1 has more cash than its total debt.
Reducing Debt: F3T1's debt to equity ratio has reduced from 159.7% to 0.9% over the past 5 years.
Debt Coverage: F3T1's debt is well covered by operating cash flow (1209.8%).
Interest Coverage: F3T1 earns more interest than it pays, so coverage of interest payments is not a concern.