Fincantieri Balance Sheet Health
Financial Health criteria checks 3/6
Fincantieri has a total shareholder equity of €457.6M and total debt of €3.3B, which brings its debt-to-equity ratio to 720.5%. Its total assets and total liabilities are €8.8B and €8.4B respectively. Fincantieri's EBIT is €133.3M making its interest coverage ratio 0.7. It has cash and short-term investments of €430.4M.
Key information
720.5%
Debt to equity ratio
€3.30b
Debt
| Interest coverage ratio | 0.7x |
| Cash | €430.37m |
| Equity | €457.56m |
| Total liabilities | €8.37b |
| Total assets | €8.83b |
Recent financial health updates
Fincantieri (BIT:FCT) Use Of Debt Could Be Considered Risky
Apr 22
Is Fincantieri (BIT:FCT) A Risky Investment?
Sep 08Fincantieri (BIT:FCT) Has A Somewhat Strained Balance Sheet
May 18Recent updates
Are Investors Undervaluing Fincantieri S.p.A. (BIT:FCT) By 33%?
Oct 10Fincantieri S.p.A. (BIT:FCT) Analysts Are Pretty Bullish On The Stock After Recent Results
Aug 02Fincantieri S.p.A. (BIT:FCT) Stock Rockets 26% But Many Are Still Ignoring The Company
Jul 26What Is Fincantieri S.p.A.'s (BIT:FCT) Share Price Doing?
Jun 05Fincantieri (BIT:FCT) Is Reinvesting At Lower Rates Of Return
Apr 30The Market Lifts Fincantieri S.p.A. (BIT:FCT) Shares 28% But It Can Do More
Mar 16Fincantieri (BIT:FCT) Will Want To Turn Around Its Return Trends
Oct 31Returns On Capital At Fincantieri (BIT:FCT) Paint A Concerning Picture
May 28Fincantieri (BIT:FCT) Use Of Debt Could Be Considered Risky
Apr 22Should You Investigate Fincantieri S.p.A. (BIT:FCT) At €0.57?
Mar 09Fincantieri (BIT:FCT) Will Be Hoping To Turn Its Returns On Capital Around
Jan 08Is Fincantieri (BIT:FCT) A Risky Investment?
Sep 08Fincantieri (BIT:FCT) Is Experiencing Growth In Returns On Capital
Jun 29When Should You Buy Fincantieri S.p.A. (BIT:FCT)?
Jun 11Fincantieri (BIT:FCT) Has A Somewhat Strained Balance Sheet
May 18A Look At The Intrinsic Value Of Fincantieri S.p.A. (BIT:FCT)
Apr 29Fincantieri's (BIT:FCT) Strong Earnings Are Of Good Quality
Mar 31Fincantieri (BIT:FCT) Is Doing The Right Things To Multiply Its Share Price
Feb 24Fincantieri (BIT:FCT) Is Looking To Continue Growing Its Returns On Capital
Nov 20The Fincantieri S.p.A. (BIT:FCT) Interim Results Are Out And Analysts Have Published New Forecasts
Aug 04Investors Will Want Fincantieri's (BIT:FCT) Growth In ROCE To Persist
Jul 18Investors Will Want Fincantieri's (BIT:FCT) Growth In ROCE To Persist
Apr 04Is Fincantieri S.p.A. (BIT:FCT) Trading At A 28% Discount?
Feb 28What Is Fincantieri S.p.A.'s (BIT:FCT) Share Price Doing?
Feb 04Financial Position Analysis
Short Term Liabilities: FCT's short term assets (€5.5B) do not cover its short term liabilities (€6.2B).
Long Term Liabilities: FCT's short term assets (€5.5B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: FCT's net debt to equity ratio (626.5%) is considered high.
Reducing Debt: FCT's debt to equity ratio has increased from 187.4% to 720.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FCT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FCT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.1% per year.