Pattern Balance Sheet Health
Financial Health criteria checks 5/6
Pattern has a total shareholder equity of €45.4M and total debt of €35.6M, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are €132.7M and €87.3M respectively. Pattern's EBIT is €11.2M making its interest coverage ratio 48.7. It has cash and short-term investments of €30.6M.
Key information
78.3%
Debt to equity ratio
€35.59m
Debt
| Interest coverage ratio | 48.7x |
| Cash | €30.64m |
| Equity | €45.43m |
| Total liabilities | €87.30m |
| Total assets | €132.74m |
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
Investors Appear Satisfied With Pattern S.p.A.'s (BIT:PTR) Prospects
Nov 08We Think That There Are Issues Underlying Pattern's (BIT:PTR) Earnings
Oct 03Potential 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 (€72.5M) exceed its short term liabilities (€47.2M).
Long Term Liabilities: PTR's short term assets (€72.5M) exceed its long term liabilities (€40.1M).
Debt to Equity History and Analysis
Debt Level: PTR's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: PTR's debt to equity ratio has increased from 63.2% to 78.3% over the past 5 years.
Debt Coverage: PTR's debt is well covered by operating cash flow (49.6%).
Interest Coverage: PTR's interest payments on its debt are well covered by EBIT (48.7x coverage).