Piovan Balance Sheet Health
Financial Health criteria checks 5/6
Piovan has a total shareholder equity of €171.3M and total debt of €154.6M, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are €504.7M and €333.4M respectively. Piovan's EBIT is €63.5M making its interest coverage ratio 59.3. It has cash and short-term investments of €99.3M.
Key information
90.2%
Debt to equity ratio
€154.59m
Debt
| Interest coverage ratio | 59.3x |
| Cash | €99.34m |
| Equity | €171.34m |
| Total liabilities | €333.41m |
| Total assets | €504.75m |
Recent financial health updates
Is Piovan (BIT:PVN) Using Too Much Debt?
Nov 09
Piovan (BIT:PVN) Has A Pretty Healthy Balance Sheet
Sep 15These 4 Measures Indicate That Piovan (BIT:PVN) Is Using Debt Reasonably Well
Mar 11Does Piovan (BIT:PVN) Have A Healthy Balance Sheet?
Dec 03Recent updates
Is Piovan (BIT:PVN) Using Too Much Debt?
Nov 09With EPS Growth And More, Piovan (BIT:PVN) Makes An Interesting Case
Jan 10Piovan (BIT:PVN) Has A Pretty Healthy Balance Sheet
Sep 15Piovan (BIT:PVN) Could Be Struggling To Allocate Capital
Dec 13Calculating The Intrinsic Value Of Piovan S.p.A. (BIT:PVN)
Mar 24These 4 Measures Indicate That Piovan (BIT:PVN) Is Using Debt Reasonably Well
Mar 11The Returns At Piovan (BIT:PVN) Provide Us With Signs Of What's To Come
Feb 25Is It Too Late To Consider Buying Piovan S.p.A. (BIT:PVN)?
Feb 10
Are Robust Financials Driving The Recent Rally In Piovan S.p.A.'s (BIT:PVN) Stock?
Jan 22Reflecting on Piovan's (BIT:PVN) Share Price Returns Over The Last Year
Jan 04Does Piovan (BIT:PVN) Have A Healthy Balance Sheet?
Dec 03Is Piovan (BIT:PVN) Likely To Turn Things Around?
Nov 20Financial Position Analysis
Short Term Liabilities: PVN's short term assets (€292.9M) exceed its short term liabilities (€212.8M).
Long Term Liabilities: PVN's short term assets (€292.9M) exceed its long term liabilities (€120.6M).
Debt to Equity History and Analysis
Debt Level: PVN's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: PVN's debt to equity ratio has increased from 52.4% to 90.2% over the past 5 years.
Debt Coverage: PVN's debt is well covered by operating cash flow (35.9%).
Interest Coverage: PVN's interest payments on its debt are well covered by EBIT (59.3x coverage).