I Grandi Viaggi Balance Sheet Health
Financial Health criteria checks 5/6
I Grandi Viaggi has a total shareholder equity of €66.1M and total debt of €3.3M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are €94.5M and €28.3M respectively. I Grandi Viaggi's EBIT is €2.5M making its interest coverage ratio -2.7. It has cash and short-term investments of €9.3M.
Key information
5.0%
Debt to equity ratio
€3.33m
Debt
Interest coverage ratio | -2.7x |
Cash | €9.26m |
Equity | €66.12m |
Total liabilities | €28.35m |
Total assets | €94.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 95H's short term assets (€16.3M) do not cover its short term liabilities (€18.4M).
Long Term Liabilities: 95H's short term assets (€16.3M) exceed its long term liabilities (€9.9M).
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 11.6% to 5% over the past 5 years.
Debt Coverage: 95H's debt is well covered by operating cash flow (191.3%).
Interest Coverage: 95H earns more interest than it pays, so coverage of interest payments is not a concern.