CIR. - Compagnie Industriali Riunite Balance Sheet Health
Financial Health criteria checks 5/6
CIR. - Compagnie Industriali Riunite has a total shareholder equity of €1.2B and total debt of €421.5M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are €3.1B and €1.9B respectively. CIR. - Compagnie Industriali Riunite's EBIT is €151.7M making its interest coverage ratio 3.6. It has cash and short-term investments of €605.2M.
Key information
35.3%
Debt to equity ratio
€421.49m
Debt
| Interest coverage ratio | 3.6x |
| Cash | €605.22m |
| Equity | €1.20b |
| Total liabilities | €1.87b |
| Total assets | €3.07b |
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 (€707.6M).
Long Term Liabilities: CIRM's short term assets (€1.1B) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: CIRM has more cash than its total debt.
Reducing Debt: CIRM's debt to equity ratio has reduced from 61.6% to 35.3% over the past 5 years.
Debt Coverage: CIRM's debt is well covered by operating cash flow (55.4%).
Interest Coverage: CIRM's interest payments on its debt are well covered by EBIT (3.6x coverage).