Fiera Milano Balance Sheet Health
Financial Health criteria checks 2/6
Fiera Milano has a total shareholder equity of €156.0M and total debt of €296.5M, which brings its debt-to-equity ratio to 190%. Its total assets and total liabilities are €598.3M and €442.3M respectively. Fiera Milano's EBIT is €53.9M making its interest coverage ratio 5.7. It has cash and short-term investments of €136.2M.
Key information
190.0%
Debt to equity ratio
€296.47m
Debt
Interest coverage ratio | 5.7x |
Cash | €136.18m |
Equity | €156.04m |
Total liabilities | €442.26m |
Total assets | €598.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FM3's short term assets (€39.8M) do not cover its short term liabilities (€134.5M).
Long Term Liabilities: FM3's short term assets (€39.8M) do not cover its long term liabilities (€307.8M).
Debt to Equity History and Analysis
Debt Level: FM3's net debt to equity ratio (102.7%) is considered high.
Reducing Debt: FM3's debt to equity ratio has increased from 3.2% to 190% over the past 5 years.
Debt Coverage: FM3's debt is well covered by operating cash flow (32.9%).
Interest Coverage: FM3's interest payments on its debt are well covered by EBIT (5.7x coverage).