CIR. - Compagnie Industriali Riunite Balance Sheet Health
Financial Health criteria checks 3/6
CIR. - Compagnie Industriali Riunite has a total shareholder equity of €1.0B and total debt of €571.7M, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are €3.2B and €2.2B respectively. CIR. - Compagnie Industriali Riunite's EBIT is €146.2M making its interest coverage ratio 2.9. It has cash and short-term investments of €540.1M.
Key information
55.2%
Debt to equity ratio
€571.72m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €540.12m |
| Equity | €1.03b |
| Total liabilities | €2.20b |
| Total assets | €3.23b |
Recent financial health updates
CIR. - Compagnie Industriali Riunite (BIT:CIR) Takes On Some Risk With Its Use Of Debt
May 20
CIR. - Compagnie Industriali Riunite (BIT:CIR) Use Of Debt Could Be Considered Risky
Jan 28Recent updates
At €0.43, Is CIR S.p.A. - Compagnie Industriali Riunite (BIT:CIR) Worth Looking At Closely?
Sep 23Is There Now An Opportunity In CIR S.p.A. - Compagnie Industriali Riunite (BIT:CIR)?
Apr 28CIR. - Compagnie Industriali Riunite (BIT:CIR) Takes On Some Risk With Its Use Of Debt
May 20If You Had Bought CIR. - Compagnie Industriali Riunite (BIT:CIR) Stock Five Years Ago, You Could Pocket A 31% Gain Today
Mar 11Are CIR. - Compagnie Industriali Riunite's (BIT:CIR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 18CIR. - Compagnie Industriali Riunite (BIT:CIR) Use Of Debt Could Be Considered Risky
Jan 28At €0.48, Is CIR S.p.A. Compagnie Industriali Riunite (BIT:CIR) Worth Looking At Closely?
Jan 10What Type Of Shareholders Own The Most Number of CIR S.p.A. Compagnie Industriali Riunite (BIT:CIR) Shares?
Dec 24
CIR. Compagnie Industriali Riunite (BIT:CIR) Share Prices Have Dropped 17% In The Last Three Years
Dec 06Does CIR. Compagnie Industriali Riunite's (BIT:CIR) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 19Financial Position Analysis
Short Term Liabilities: CIR's short term assets (€1.0B) exceed its short term liabilities (€820.9M).
Long Term Liabilities: CIR's short term assets (€1.0B) do not cover its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: CIR's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: CIR's debt to equity ratio has increased from 55.2% to 55.2% over the past 5 years.
Debt Coverage: CIR's debt is well covered by operating cash flow (37.4%).
Interest Coverage: CIR's interest payments on its debt are not well covered by EBIT (2.9x coverage).