Piovan Balance Sheet Health
Financial Health criteria checks 5/6
Piovan has a total shareholder equity of €179.3M and total debt of €148.3M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are €529.9M and €350.6M respectively. Piovan's EBIT is €63.8M making its interest coverage ratio 73.6. It has cash and short-term investments of €96.0M.
Key information
82.7%
Debt to equity ratio
€148.31m
Debt
Interest coverage ratio | 73.6x |
Cash | €95.99m |
Equity | €179.33m |
Total liabilities | €350.55m |
Total assets | €529.88m |
Recent financial health updates
Is Piovan (BIT:PVN) Using Too Much Debt?
Nov 09Piovan (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 10Are 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 (€297.8M) exceed its short term liabilities (€211.0M).
Long Term Liabilities: PVN's short term assets (€297.8M) exceed its long term liabilities (€139.6M).
Debt to Equity History and Analysis
Debt Level: PVN's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: PVN's debt to equity ratio has increased from 55.5% to 82.7% over the past 5 years.
Debt Coverage: PVN's debt is well covered by operating cash flow (44.9%).
Interest Coverage: PVN's interest payments on its debt are well covered by EBIT (73.6x coverage).