I Grandi Viaggi Balance Sheet Health
Financial Health criteria checks 4/6
I Grandi Viaggi has a total shareholder equity of €59.1M and total debt of €6.0M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are €114.8M and €55.7M respectively.
Key information
10.2%
Debt to equity ratio
€6.05m
Debt
| Interest coverage ratio | n/a |
| Cash | €18.13m |
| Equity | €59.10m |
| Total liabilities | €55.67m |
| Total assets | €114.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGVM's short term assets (€34.6M) do not cover its short term liabilities (€42.4M).
Long Term Liabilities: IGVM's short term assets (€34.6M) exceed its long term liabilities (€13.3M).
Debt to Equity History and Analysis
Debt Level: IGVM has more cash than its total debt.
Reducing Debt: IGVM's debt to equity ratio has reduced from 17.3% to 10.2% over the past 5 years.
Debt Coverage: IGVM's debt is well covered by operating cash flow (73.4%).
Interest Coverage: Insufficient data to determine if IGVM's interest payments on its debt are well covered by EBIT.