Italian Sea Group Balance Sheet Health
Financial Health criteria checks 6/6
Italian Sea Group has a total shareholder equity of €131.1M and total debt of €66.3M, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are €377.4M and €246.3M respectively. Italian Sea Group's EBIT is €48.4M making its interest coverage ratio 7.5. It has cash and short-term investments of €76.4M.
Key information
50.5%
Debt to equity ratio
€66.25m
Debt
Interest coverage ratio | 7.5x |
Cash | €76.41m |
Equity | €131.14m |
Total liabilities | €246.25m |
Total assets | €377.39m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TISGM's short term assets (€210.4M) exceed its short term liabilities (€178.8M).
Long Term Liabilities: TISGM's short term assets (€210.4M) exceed its long term liabilities (€67.4M).
Debt to Equity History and Analysis
Debt Level: TISGM has more cash than its total debt.
Reducing Debt: TISGM's debt to equity ratio has reduced from 58.1% to 50.5% over the past 5 years.
Debt Coverage: TISGM's debt is well covered by operating cash flow (38.3%).
Interest Coverage: TISGM's interest payments on its debt are well covered by EBIT (7.5x coverage).