I Grandi Viaggi Balance Sheet Health
Financial Health criteria checks 5/6
I Grandi Viaggi has a total shareholder equity of €65.3M and total debt of €5.1M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are €114.8M and €49.5M respectively. I Grandi Viaggi's EBIT is €2.8M making its interest coverage ratio -3. It has cash and short-term investments of €18.0M.
Key information
7.8%
Debt to equity ratio
€5.11m
Debt
| Interest coverage ratio | -3x |
| Cash | €18.03m |
| Equity | €65.27m |
| Total liabilities | €49.49m |
| Total assets | €114.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 95H's short term assets (€34.3M) do not cover its short term liabilities (€38.1M).
Long Term Liabilities: 95H's short term assets (€34.3M) exceed its long term liabilities (€11.4M).
Debt to Equity History and Analysis
Debt Level: 95H has more cash than its total debt.
Reducing Debt: 95H's debt to equity ratio has reduced from 10.2% to 7.8% over the past 5 years.
Debt Coverage: 95H's debt is well covered by operating cash flow (152.2%).
Interest Coverage: 95H earns more interest than it pays, so coverage of interest payments is not a concern.