Zignago Vetro Balance Sheet Health
Financial Health criteria checks 5/6
Zignago Vetro has a total shareholder equity of €353.6M and total debt of €268.7M, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are €757.5M and €403.9M respectively. Zignago Vetro's EBIT is €54.2M making its interest coverage ratio 3.5. It has cash and short-term investments of €59.2M.
Key information
76.0%
Debt to equity ratio
€268.74m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €59.22m |
| Equity | €353.61m |
| Total liabilities | €403.88m |
| Total assets | €757.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NNC's short term assets (€347.8M) exceed its short term liabilities (€213.2M).
Long Term Liabilities: 0NNC's short term assets (€347.8M) exceed its long term liabilities (€190.7M).
Debt to Equity History and Analysis
Debt Level: 0NNC's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 0NNC's debt to equity ratio has reduced from 122.3% to 76% over the past 5 years.
Debt Coverage: 0NNC's debt is well covered by operating cash flow (40.7%).
Interest Coverage: 0NNC's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:34 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zignago Vetro S.p.A. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fabrizio Spagna | Axia Financial Research |
| Paola Saglietti | Banca Akros S.p.A. (ESN) |
| Alejandro Conde Fraisoli | Banco Santander |