Il Sole 24 ORE Balance Sheet Health
Financial Health criteria checks 5/6
Il Sole 24 ORE has a total shareholder equity of €21.2M and total debt of €58.5M, which brings its debt-to-equity ratio to 275.6%. Its total assets and total liabilities are €245.0M and €223.8M respectively. Il Sole 24 ORE's EBIT is €13.8M making its interest coverage ratio 8.1. It has cash and short-term investments of €71.3M.
Key information
275.6%
Debt to equity ratio
€58.49m
Debt
Interest coverage ratio | 8.1x |
Cash | €71.32m |
Equity | €21.22m |
Total liabilities | €223.78m |
Total assets | €245.00m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 0RUI's short term assets (€139.8M) exceed its short term liabilities (€116.1M).
Long Term Liabilities: 0RUI's short term assets (€139.8M) exceed its long term liabilities (€107.6M).
Debt to Equity History and Analysis
Debt Level: 0RUI has more cash than its total debt.
Reducing Debt: 0RUI's debt to equity ratio has increased from 84.2% to 275.6% over the past 5 years.
Debt Coverage: 0RUI's debt is well covered by operating cash flow (57.4%).
Interest Coverage: 0RUI's interest payments on its debt are well covered by EBIT (8.1x coverage).