Il Sole 24 ORE Balance Sheet Health
Financial Health criteria checks 5/6
Il Sole 24 ORE has a total shareholder equity of €23.6M and total debt of €53.6M, which brings its debt-to-equity ratio to 227.3%. Its total assets and total liabilities are €251.0M and €227.4M respectively. Il Sole 24 ORE's EBIT is €13.8M making its interest coverage ratio 19.9. It has cash and short-term investments of €68.7M.
Key information
227.3%
Debt to equity ratio
€53.64m
Debt
Interest coverage ratio | 19.9x |
Cash | €68.73m |
Equity | €23.60m |
Total liabilities | €227.42m |
Total assets | €251.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4IL1's short term assets (€150.3M) exceed its short term liabilities (€122.1M).
Long Term Liabilities: 4IL1's short term assets (€150.3M) exceed its long term liabilities (€105.3M).
Debt to Equity History and Analysis
Debt Level: 4IL1 has more cash than its total debt.
Reducing Debt: 4IL1's debt to equity ratio has increased from 65.7% to 227.3% over the past 5 years.
Debt Coverage: 4IL1's debt is well covered by operating cash flow (59.7%).
Interest Coverage: 4IL1's interest payments on its debt are well covered by EBIT (19.9x coverage).