Ermenegildo Zegna Balance Sheet Health
Financial Health criteria checks 6/6
Ermenegildo Zegna has a total shareholder equity of €914.2M and total debt of €388.8M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are €2.8B and €1.9B respectively. Ermenegildo Zegna's EBIT is €181.2M making its interest coverage ratio 5.2. It has cash and short-term investments of €320.7M.
Key information
42.5%
Debt to equity ratio
€388.84m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €320.74m |
| Equity | €914.21m |
| Total liabilities | €1.87b |
| Total assets | €2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JN0's short term assets (€1.2B) exceed its short term liabilities (€871.5M).
Long Term Liabilities: JN0's short term assets (€1.2B) exceed its long term liabilities (€995.6M).
Debt to Equity History and Analysis
Debt Level: JN0's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: JN0's debt to equity ratio has reduced from 96.6% to 42.5% over the past 5 years.
Debt Coverage: JN0's debt is well covered by operating cash flow (74.1%).
Interest Coverage: JN0's interest payments on its debt are well covered by EBIT (5.2x coverage).