Danieli & C. Officine Meccaniche Balance Sheet Health
Financial Health criteria checks 6/6
Danieli & C. Officine Meccaniche has a total shareholder equity of €2.6B and total debt of €557.9M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are €7.5B and €4.9B respectively. Danieli & C. Officine Meccaniche's EBIT is €256.5M making its interest coverage ratio -4. It has cash and short-term investments of €2.6B.
Key information
21.2%
Debt to equity ratio
€557.93m
Debt
| Interest coverage ratio | -4x |
| Cash | €2.62b |
| Equity | €2.63b |
| Total liabilities | €4.86b |
| Total assets | €7.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DANRM's short term assets (€6.0B) exceed its short term liabilities (€4.2B).
Long Term Liabilities: DANRM's short term assets (€6.0B) exceed its long term liabilities (€649.0M).
Debt to Equity History and Analysis
Debt Level: DANRM has more cash than its total debt.
Reducing Debt: DANRM's debt to equity ratio has reduced from 27.7% to 21.2% over the past 5 years.
Debt Coverage: DANRM's debt is well covered by operating cash flow (59.5%).
Interest Coverage: DANRM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 04:26 |
| End of Day Share Price | 2024/11/26 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Danieli & C. Officine Meccaniche S.p.A. is covered by 8 analysts. 3 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 |
|---|---|
| Paola Saglietti | Banca Akros S.p.A. (ESN) |
| Giovanni Selvetti | Berenberg |
| Michele Baldelli | BNP Paribas Exane |