Health Italia Balance Sheet Health
Financial Health criteria checks 6/6
Health Italia has a total shareholder equity of €37.5M and total debt of €8.0M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are €65.0M and €27.5M respectively. Health Italia's EBIT is €6.2M making its interest coverage ratio 12.9. It has cash and short-term investments of €4.1M.
Key information
21.3%
Debt to equity ratio
€8.00m
Debt
| Interest coverage ratio | 12.9x |
| Cash | €4.10m |
| Equity | €37.54m |
| Total liabilities | €27.46m |
| Total assets | €65.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6I50's short term assets (€53.1M) exceed its short term liabilities (€16.5M).
Long Term Liabilities: 6I50's short term assets (€53.1M) exceed its long term liabilities (€10.9M).
Debt to Equity History and Analysis
Debt Level: 6I50's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 6I50's debt to equity ratio has reduced from 52.8% to 21.3% over the past 5 years.
Debt Coverage: 6I50's debt is well covered by operating cash flow (45.6%).
Interest Coverage: 6I50's interest payments on its debt are well covered by EBIT (12.9x coverage).