Davide Campari-Milano Balance Sheet Health
Financial Health criteria checks 2/6
Davide Campari-Milano has a total shareholder equity of €3.8B and total debt of €3.1B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are €8.3B and €4.5B respectively. Davide Campari-Milano's EBIT is €578.2M making its interest coverage ratio 8.7. It has cash and short-term investments of €562.3M.
Key information
82.5%
Debt to equity ratio
€3.14b
Debt
| Interest coverage ratio | 8.7x |
| Cash | €562.30m |
| Equity | €3.80b |
| Total liabilities | €4.54b |
| Total assets | €8.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPRM's short term assets (€3.0B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: CPRM's short term assets (€3.0B) do not cover its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: CPRM's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: CPRM's debt to equity ratio has increased from 58.9% to 82.5% over the past 5 years.
Debt Coverage: CPRM's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: CPRM's interest payments on its debt are well covered by EBIT (8.7x coverage).