Ferretti Balance Sheet Health
Financial Health criteria checks 6/6
Ferretti has a total shareholder equity of €839.7M and total debt of €7.8M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €1.6B and €762.6M respectively. Ferretti's EBIT is €97.6M making its interest coverage ratio -14.2. It has cash and short-term investments of €314.1M.
Key information
0.9%
Debt to equity ratio
€7.83m
Debt
| Interest coverage ratio | -14.2x |
| Cash | €314.11m |
| Equity | €839.68m |
| Total liabilities | €762.57m |
| Total assets | €1.60b |
Recent financial health updates
No updates
Recent updates
What Ferretti S.p.A.'s (HKG:9638) P/E Is Not Telling You
Apr 17
Ferretti's (HKG:9638) Earnings Are Weaker Than They Seem
Mar 24Is Now The Time To Put Ferretti (HKG:9638) On Your Watchlist?
Feb 13Ferretti (HKG:9638) Might Have The Makings Of A Multi-Bagger
Jan 06Ferretti (HKG:9638) Shareholders Will Want The ROCE Trajectory To Continue
Sep 28Ferretti's (HKG:9638) Solid Earnings Have Been Accounted For Conservatively
Aug 11Is There An Opportunity With Ferretti S.p.A.'s (HKG:9638) 21% Undervaluation?
Aug 05There's Reason For Concern Over Ferretti S.p.A.'s (HKG:9638) Price
Jul 06Financial Position Analysis
Short Term Liabilities: 9638's short term assets (€930.2M) exceed its short term liabilities (€720.0M).
Long Term Liabilities: 9638's short term assets (€930.2M) exceed its long term liabilities (€42.5M).
Debt to Equity History and Analysis
Debt Level: 9638 has more cash than its total debt.
Reducing Debt: 9638's debt to equity ratio has reduced from 167.9% to 0.9% over the past 5 years.
Debt Coverage: 9638's debt is well covered by operating cash flow (1196.8%).
Interest Coverage: 9638 earns more interest than it pays, so coverage of interest payments is not a concern.