Seco Balance Sheet Health
Financial Health criteria checks 4/6
Seco has a total shareholder equity of €309.7M and total debt of €138.0M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are €542.5M and €232.8M respectively. Seco's EBIT is €25.5M making its interest coverage ratio 14.8. It has cash and short-term investments of €75.8M.
Key information
44.6%
Debt to equity ratio
€138.05m
Debt
| Interest coverage ratio | 14.8x |
| Cash | €75.83m |
| Equity | €309.70m |
| Total liabilities | €232.80m |
| Total assets | €542.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOTM's short term assets (€228.1M) exceed its short term liabilities (€85.1M).
Long Term Liabilities: IOTM's short term assets (€228.1M) exceed its long term liabilities (€147.7M).
Debt to Equity History and Analysis
Debt Level: IOTM's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IOTM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IOTM's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: IOTM's interest payments on its debt are well covered by EBIT (14.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/24 05:17 |
| End of Day Share Price | 2023/06/27 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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
Seco S.p.A. is covered by 9 analysts. 4 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 |
|---|---|
| Gustav Froberg | Berenberg |
| Anna Frontani | Berenberg |
| Mohammed Moawalla | Goldman Sachs |