Fincantieri Balance Sheet Health
Financial Health criteria checks 3/6
Fincantieri has a total shareholder equity of €457.6M and total debt of €3.3B, which brings its debt-to-equity ratio to 720.5%. Its total assets and total liabilities are €8.8B and €8.4B respectively. Fincantieri's EBIT is €133.3M making its interest coverage ratio 0.7. It has cash and short-term investments of €430.4M.
Key information
720.5%
Debt to equity ratio
€3.30b
Debt
| Interest coverage ratio | 0.7x |
| Cash | €430.37m |
| Equity | €457.56m |
| Total liabilities | €8.37b |
| Total assets | €8.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCTM's short term assets (€5.5B) do not cover its short term liabilities (€6.2B).
Long Term Liabilities: FCTM's short term assets (€5.5B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: FCTM's net debt to equity ratio (626.5%) is considered high.
Reducing Debt: FCTM's debt to equity ratio has increased from 187.4% to 720.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FCTM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FCTM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.1% per year.