Fincantieri Balance Sheet Health
Financial Health criteria checks 3/6
Fincantieri has a total shareholder equity of €434.2M and total debt of €3.3B, which brings its debt-to-equity ratio to 751.1%. Its total assets and total liabilities are €8.7B and €8.3B respectively. Fincantieri's EBIT is €113.6M making its interest coverage ratio 0.6. It has cash and short-term investments of €757.3M.
Key information
751.1%
Debt to equity ratio
€3.26b
Debt
Interest coverage ratio | 0.6x |
Cash | €757.27m |
Equity | €434.16m |
Total liabilities | €8.28b |
Total assets | €8.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QWN's short term assets (€5.4B) do not cover its short term liabilities (€5.9B).
Long Term Liabilities: 0QWN's short term assets (€5.4B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: 0QWN's net debt to equity ratio (576.7%) is considered high.
Reducing Debt: 0QWN's debt to equity ratio has increased from 181.3% to 751.1% 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 0QWN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0QWN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.6% per year.