Piaggio & C Balance Sheet Health
Financial Health criteria checks 3/6
Piaggio & C has a total shareholder equity of €406.8M and total debt of €672.9M, which brings its debt-to-equity ratio to 165.4%. Its total assets and total liabilities are €2.0B and €1.6B respectively. Piaggio & C's EBIT is €152.6M making its interest coverage ratio 3.2. It has cash and short-term investments of €240.0M.
Key information
165.4%
Debt to equity ratio
€672.91m
Debt
Interest coverage ratio | 3.2x |
Cash | €239.98m |
Equity | €406.83m |
Total liabilities | €1.56b |
Total assets | €1.97b |
Recent financial health updates
Piaggio & C (BIT:PIA) Takes On Some Risk With Its Use Of Debt
Oct 22Piaggio & C (BIT:PIA) Has A Somewhat Strained Balance Sheet
Jun 15Does Piaggio & C (BIT:PIA) Have A Healthy Balance Sheet?
Jan 25Piaggio & C (BIT:PIA) Seems To Use Debt Quite Sensibly
May 30Is Piaggio & C (BIT:PIA) Using Too Much Debt?
Feb 03Piaggio & C (BIT:PIA) Takes On Some Risk With Its Use Of Debt
Oct 29Recent updates
Earnings Miss: Piaggio & C. SpA Missed EPS By 27% And Analysts Are Revising Their Forecasts
Nov 13Piaggio & C (BIT:PIA) Takes On Some Risk With Its Use Of Debt
Oct 22What Does Piaggio & C. SpA's (BIT:PIA) Share Price Indicate?
Oct 01Piaggio & C. SpA Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next
Aug 01Piaggio & C (BIT:PIA) Has A Somewhat Strained Balance Sheet
Jun 15Earnings Update: Piaggio & C. SpA (BIT:PIA) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 07Does Piaggio & C (BIT:PIA) Have A Healthy Balance Sheet?
Jan 25Piaggio & C (BIT:PIA) Is Experiencing Growth In Returns On Capital
Jan 04Investors Don't See Light At End Of Piaggio & C. SpA's (BIT:PIA) Tunnel
Dec 20Do Piaggio & C's (BIT:PIA) Earnings Warrant Your Attention?
Oct 23Is Piaggio & C. SpA (BIT:PIA) Potentially Undervalued?
Sep 27Piaggio & C (BIT:PIA) Will Pay A Larger Dividend Than Last Year At €0.125
Sep 11Piaggio & C (BIT:PIA) Is Increasing Its Dividend To €0.125
Aug 28Piaggio & C's (BIT:PIA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 31With EPS Growth And More, Piaggio & C (BIT:PIA) Makes An Interesting Case
Jul 04Should You Investigate Piaggio & C. SpA (BIT:PIA) At €3.77?
Jun 15Piaggio & C (BIT:PIA) Seems To Use Debt Quite Sensibly
May 30Piaggio & C (BIT:PIA) Has Announced That It Will Be Increasing Its Dividend To €0.10
Apr 05If EPS Growth Is Important To You, Piaggio & C (BIT:PIA) Presents An Opportunity
Mar 19Piaggio & C (BIT:PIA) Has Announced That It Will Be Increasing Its Dividend To €0.10
Mar 06Is There Now An Opportunity In Piaggio & C. SpA (BIT:PIA)?
Feb 28Is Piaggio & C (BIT:PIA) Using Too Much Debt?
Feb 03We Like These Underlying Return On Capital Trends At Piaggio & C (BIT:PIA)
Jan 07We Ran A Stock Scan For Earnings Growth And Piaggio & C (BIT:PIA) Passed With Ease
Dec 02Piaggio & C (BIT:PIA) Takes On Some Risk With Its Use Of Debt
Oct 29Piaggio & C (BIT:PIA) Shareholders Will Want The ROCE Trajectory To Continue
Sep 20Estimating The Fair Value Of Piaggio & C. SpA (BIT:PIA)
Jul 26These 4 Measures Indicate That Piaggio & C (BIT:PIA) Is Using Debt Extensively
Jul 06What Does Piaggio & C. SpA's (BIT:PIA) Share Price Indicate?
Jun 17Piaggio & C (BIT:PIA) Shareholders Will Want The ROCE Trajectory To Continue
Apr 06Calculating The Intrinsic Value Of Piaggio & C. SpA (BIT:PIA)
Mar 17Piaggio & C (BIT:PIA) Has Announced That It Will Be Increasing Its Dividend To €0.065
Mar 06Piaggio & C (BIT:PIA) Seems To Use Debt Quite Sensibly
Feb 22Is Piaggio & C. SpA (BIT:PIA) Potentially Undervalued?
Jan 05There's Been No Shortage Of Growth Recently For Piaggio & C's (BIT:PIA) Returns On Capital
Nov 18Here's Why Piaggio & C (BIT:PIA) Has A Meaningful Debt Burden
Jul 30Is It Too Late To Consider Buying Piaggio & C. SpA (BIT:PIA)?
Jun 03Piaggio & C's (BIT:PIA) Returns On Capital Are Heading Higher
May 19We Think Piaggio & C (BIT:PIA) Is Taking Some Risk With Its Debt
Apr 05Investors Who Bought Piaggio & C (BIT:PIA) Shares A Year Ago Are Now Up 68%
Mar 10Is There Now An Opportunity In Piaggio & C. SpA (BIT:PIA)?
Feb 23Do Investors Have Good Reason To Be Wary Of Piaggio & C. SpA's (BIT:PIA) 2.4% Dividend Yield?
Feb 10Should We Be Delighted With Piaggio & C. SpA's (BIT:PIA) ROE Of 7.7%?
Jan 30What Do The Returns At Piaggio & C (BIT:PIA) Mean Going Forward?
Jan 18Financial Position Analysis
Short Term Liabilities: PIA's short term assets (€780.3M) do not cover its short term liabilities (€963.3M).
Long Term Liabilities: PIA's short term assets (€780.3M) exceed its long term liabilities (€600.8M).
Debt to Equity History and Analysis
Debt Level: PIA's net debt to equity ratio (106.4%) is considered high.
Reducing Debt: PIA's debt to equity ratio has increased from 154.2% to 165.4% over the past 5 years.
Debt Coverage: PIA's debt is well covered by operating cash flow (27.3%).
Interest Coverage: PIA's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/01/10 07:44 |
End of Day Share Price | 2025/01/10 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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 * |
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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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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
Piaggio & C. SpA is covered by 16 analysts. 5 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 |
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Gabriele Gambarova | Banca Akros S.p.A. (ESN) |
Niccolò Zanoni | Banca Akros S.p.A. (ESN) |
Anna Frontani | Berenberg |