Giglio Group Balance Sheet Health
Financial Health criteria checks 2/6
Giglio Group has a total shareholder equity of €-3.6M and total debt of €17.7M, which brings its debt-to-equity ratio to -499.6%. Its total assets and total liabilities are €38.3M and €41.9M respectively. Giglio Group's EBIT is €11.0K making its interest coverage ratio 0. It has cash and short-term investments of €1.3M.
Key information
-499.6%
Debt to equity ratio
€17.74m
Debt
| Interest coverage ratio | 0.01x |
| Cash | €1.26m |
| Equity | -€3.55m |
| Total liabilities | €41.86m |
| Total assets | €38.31m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Giglio Group S.p.A. (BIT:GG)
Mar 06
Is It Too Late To Consider Buying Giglio Group S.p.A. (BIT:GG)?
Jan 12Is Now The Time To Look At Buying Giglio Group S.p.A. (BIT:GG)?
Jun 09This Giglio Group S.p.A. (BIT:GG) Analyst Just Made A Noteworthy 21% Cut To Their Forecasts
May 18Giglio Group S.p.A. (BIT:GG) Shares Could Be 33% Above Their Intrinsic Value Estimate
May 05Are Investors Undervaluing Giglio Group S.p.A. (BIT:GG) By 20%?
Dec 16Giglio Group's(BIT:GG) Share Price Is Down 67% Over The Past Three Years.
Nov 19Financial Position Analysis
Short Term Liabilities: GG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 GG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12% per year.