CIR. - Compagnie Industriali Riunite Balance Sheet Health
Financial Health criteria checks 5/6
CIR. - Compagnie Industriali Riunite has a total shareholder equity of €1.2B and total debt of €421.5M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are €3.1B and €1.9B respectively. CIR. - Compagnie Industriali Riunite's EBIT is €151.7M making its interest coverage ratio 3.6. It has cash and short-term investments of €605.2M.
Key information
35.3%
Debt to equity ratio
€421.49m
Debt
| Interest coverage ratio | 3.6x |
| Cash | €605.22m |
| Equity | €1.20b |
| Total liabilities | €1.87b |
| Total assets | €3.07b |
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
Investors Shouldn't Be Too Comfortable With CIR. - Compagnie Industriali Riunite's (BIT:CIR) Earnings
Jul 18At €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 (€1.1B) exceed its short term liabilities (€707.6M).
Long Term Liabilities: CIR's short term assets (€1.1B) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: CIR has more cash than its total debt.
Reducing Debt: CIR's debt to equity ratio has reduced from 61.6% to 35.3% over the past 5 years.
Debt Coverage: CIR's debt is well covered by operating cash flow (55.4%).
Interest Coverage: CIR's interest payments on its debt are well covered by EBIT (3.6x coverage).