Radici Pietro Industries & Brands Balance Sheet Health
Financial Health criteria checks 3/6
Radici Pietro Industries & Brands has a total shareholder equity of €32.8M and total debt of €16.3M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are €71.2M and €38.3M respectively. Radici Pietro Industries & Brands's EBIT is €1.5M making its interest coverage ratio 1.7. It has cash and short-term investments of €408.0K.
Key information
49.7%
Debt to equity ratio
€16.34m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €408.00k |
| Equity | €32.85m |
| Total liabilities | €38.31m |
| Total assets | €71.15m |
Recent financial health updates
We Think Radici Pietro Industries & Brands (BIT:RAD) Is Taking Some Risk With Its Debt
Jun 21
We Think Radici Pietro Industries & Brands (BIT:RAD) Is Taking Some Risk With Its Debt
Dec 01Is Radici Pietro Industries & Brands (BIT:RAD) Using Too Much Debt?
Apr 20Is Radici Pietro Industries & Brands (BIT:RAD) Using Debt In A Risky Way?
May 06Recent updates
We Think Radici Pietro Industries & Brands (BIT:RAD) Is Taking Some Risk With Its Debt
Jun 21Radici Pietro Industries & Brands S.p.A. (BIT:RAD) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
May 28Is Now The Time To Look At Buying Radici Pietro Industries & Brands S.p.A. (BIT:RAD)?
May 25Getting In Cheap On Radici Pietro Industries & Brands S.p.A. (BIT:RAD) Might Be Difficult
Mar 08We Think Radici Pietro Industries & Brands (BIT:RAD) Is Taking Some Risk With Its Debt
Dec 01Is Radici Pietro Industries & Brands (BIT:RAD) Using Too Much Debt?
Apr 20Should You Investigate Radici Pietro Industries & Brands S.p.A. (BIT:RAD) At €1.12?
Dec 23Some Investors May Be Worried About Radici Pietro Industries & Brands' (BIT:RAD) Returns On Capital
Jun 14Radici Pietro Industries & Brands (BIT:RAD) Is Finding It Tricky To Allocate Its Capital
Feb 25Some Investors May Be Worried About Radici Pietro Industries & Brands' (BIT:RAD) Returns On Capital
Jun 10Is Radici Pietro Industries & Brands (BIT:RAD) Using Debt In A Risky Way?
May 06We're Not So Sure You Should Rely on Radici Pietro Industries & Brands's (BIT:RAD) Statutory Earnings
Dec 09Financial Position Analysis
Short Term Liabilities: RAD's short term assets (€38.6M) exceed its short term liabilities (€29.2M).
Long Term Liabilities: RAD's short term assets (€38.6M) exceed its long term liabilities (€9.1M).
Debt to Equity History and Analysis
Debt Level: RAD's net debt to equity ratio (48.5%) is considered high.
Reducing Debt: RAD's debt to equity ratio has reduced from 257.5% to 49.7% over the past 5 years.
Debt Coverage: RAD's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: RAD's interest payments on its debt are not well covered by EBIT (1.7x coverage).