CIR. - Compagnie Industriali Riunite Balance Sheet Health
Financial Health criteria checks 3/6
CIR. - Compagnie Industriali Riunite has a total shareholder equity of €1.0B and total debt of €615.9M, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are €3.4B and €2.4B respectively. CIR. - Compagnie Industriali Riunite's EBIT is €70.6M making its interest coverage ratio 1.8. It has cash and short-term investments of €370.7M.
Key information
60.6%
Debt to equity ratio
€615.88m
Debt
Interest coverage ratio | 1.8x |
Cash | €370.75m |
Equity | €1.02b |
Total liabilities | €2.36b |
Total assets | €3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIRM's short term assets (€1.1B) exceed its short term liabilities (€820.6M).
Long Term Liabilities: CIRM's short term assets (€1.1B) do not cover its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: CIRM's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: CIRM's debt to equity ratio has increased from 56.8% to 60.6% over the past 5 years.
Debt Coverage: CIRM's debt is well covered by operating cash flow (34%).
Interest Coverage: CIRM's interest payments on its debt are not well covered by EBIT (1.8x coverage).