Safilo Group Balance Sheet Health
Financial Health criteria checks 6/6
Safilo Group has a total shareholder equity of €395.8M and total debt of €118.6M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are €855.5M and €459.7M respectively. Safilo Group's EBIT is €43.5M making its interest coverage ratio 4.1. It has cash and short-term investments of €74.9M.
Key information
30.0%
Debt to equity ratio
€118.60m
Debt
Interest coverage ratio | 4.1x |
Cash | €74.90m |
Equity | €395.79m |
Total liabilities | €459.68m |
Total assets | €855.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S5U5's short term assets (€547.7M) exceed its short term liabilities (€289.1M).
Long Term Liabilities: S5U5's short term assets (€547.7M) exceed its long term liabilities (€170.6M).
Debt to Equity History and Analysis
Debt Level: S5U5's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: S5U5's debt to equity ratio has reduced from 32.7% to 30% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable S5U5 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: S5U5 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.2% per year.