Servizi Italia Balance Sheet Health
Financial Health criteria checks 3/6
Servizi Italia has a total shareholder equity of €140.3M and total debt of €105.3M, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are €399.6M and €259.3M respectively. Servizi Italia's EBIT is €12.5M making its interest coverage ratio 2.2. It has cash and short-term investments of €4.2M.
Key information
75.0%
Debt to equity ratio
€105.28m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €4.17m |
| Equity | €140.28m |
| Total liabilities | €259.35m |
| Total assets | €399.63m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SRIM's short term assets (€112.3M) do not cover its short term liabilities (€177.4M).
Long Term Liabilities: SRIM's short term assets (€112.3M) exceed its long term liabilities (€81.9M).
Debt to Equity History and Analysis
Debt Level: SRIM's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: SRIM's debt to equity ratio has reduced from 77.9% to 75% over the past 5 years.
Debt Coverage: SRIM's debt is well covered by operating cash flow (45.5%).
Interest Coverage: SRIM's interest payments on its debt are not well covered by EBIT (2.2x coverage).