Neodecortech Balance Sheet Health
Financial Health criteria checks 3/6
Neodecortech has a total shareholder equity of €79.0M and total debt of €46.4M, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are €171.1M and €92.0M respectively. Neodecortech's EBIT is €4.3M making its interest coverage ratio 1.8. It has cash and short-term investments of €7.3M.
Key information
58.7%
Debt to equity ratio
€46.43m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €7.30m |
| Equity | €79.03m |
| Total liabilities | €92.04m |
| Total assets | €171.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FM2's short term assets (€93.0M) exceed its short term liabilities (€60.9M).
Long Term Liabilities: FM2's short term assets (€93.0M) exceed its long term liabilities (€31.1M).
Debt to Equity History and Analysis
Debt Level: FM2's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: FM2's debt to equity ratio has reduced from 62.7% to 58.7% over the past 5 years.
Debt Coverage: FM2's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: FM2's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Neodecortech S.p.A. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gian Gadini | Banca Akros S.p.A. (ESN) |
| Andrea Randone | Intermonte SIM S.p.A. |
| null null | Intermonte SIM S.p.A. |