Pattern Balance Sheet Health
Financial Health criteria checks 5/6
Pattern has a total shareholder equity of €42.5M and total debt of €25.9M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are €108.1M and €65.6M respectively. Pattern's EBIT is €8.4M making its interest coverage ratio -0.4. It has cash and short-term investments of €26.5M.
Key information
60.9%
Debt to equity ratio
€25.89m
Debt
| Interest coverage ratio | -0.4x |
| Cash | €26.54m |
| Equity | €42.50m |
| Total liabilities | €65.56m |
| Total assets | €108.05m |
Recent financial health updates
These 4 Measures Indicate That Pattern (BIT:PTR) Is Using Debt Reasonably Well
Dec 02
Does Pattern (BIT:PTR) Have A Healthy Balance Sheet?
Oct 29Does Pattern (BIT:PTR) Have A Healthy Balance Sheet?
May 26Recent updates
Potential Upside For Pattern S.p.A. (BIT:PTR) Not Without Risk
Apr 25Pattern S.p.A.'s (BIT:PTR) P/E Is Still On The Mark Following 26% Share Price Bounce
Dec 05These 4 Measures Indicate That Pattern (BIT:PTR) Is Using Debt Reasonably Well
Dec 02Calculating The Fair Value Of Pattern S.p.A. (BIT:PTR)
Dec 30Does Pattern (BIT:PTR) Have A Healthy Balance Sheet?
Oct 29Does Pattern (BIT:PTR) Have A Healthy Balance Sheet?
May 26Are Investors Undervaluing Pattern S.p.A. (BIT:PTR) By 39%?
May 05Capital Allocation Trends At Pattern (BIT:PTR) Aren't Ideal
Apr 12Is Pattern S.p.A.'s (BIT:PTR) 19% ROE Better Than Average?
Mar 11Pattern's(BIT:PTR) Share Price Is Down 18% Over The Past Year.
Feb 02
Here's Why We Don't Think Pattern's (BIT:PTR) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 12Returns On Capital At Pattern (BIT:PTR) Paint An Interesting Picture
Dec 16Should You Be Excited About Pattern S.p.A.'s (BIT:PTR) 19% Return On Equity?
Nov 25Financial Position Analysis
Short Term Liabilities: PTR's short term assets (€66.1M) exceed its short term liabilities (€42.2M).
Long Term Liabilities: PTR's short term assets (€66.1M) exceed its long term liabilities (€23.3M).
Debt to Equity History and Analysis
Debt Level: PTR has more cash than its total debt.
Reducing Debt: PTR's debt to equity ratio has increased from 35.8% to 60.9% over the past 5 years.
Debt Coverage: PTR's debt is well covered by operating cash flow (50.2%).
Interest Coverage: PTR earns more interest than it pays, so coverage of interest payments is not a concern.