Radici Pietro Industries & Brands Balance Sheet Health
Financial Health criteria checks 5/6
Radici Pietro Industries & Brands has a total shareholder equity of €33.2M and total debt of €13.4M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are €72.7M and €39.5M respectively. Radici Pietro Industries & Brands's EBIT is €1.9M making its interest coverage ratio 2.1. It has cash and short-term investments of €382.0K.
Key information
40.4%
Debt to equity ratio
€13.41m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €382.00k |
| Equity | €33.21m |
| Total liabilities | €39.53m |
| Total assets | €72.74m |
Recent financial health updates
Is Radici Pietro Industries & Brands (BIT:RAD) A Risky Investment?
Oct 11
We Think Radici Pietro Industries & Brands (BIT:RAD) Is Taking Some Risk With Its Debt
Jun 21We 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
Is Radici Pietro Industries & Brands (BIT:RAD) A Risky Investment?
Oct 11Radici Pietro Industries & Brands (BIT:RAD) Has More To Do To Multiply In Value Going Forward
Aug 06We 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 (€39.8M) exceed its short term liabilities (€29.5M).
Long Term Liabilities: RAD's short term assets (€39.8M) exceed its long term liabilities (€10.0M).
Debt to Equity History and Analysis
Debt Level: RAD's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: RAD's debt to equity ratio has reduced from 257.4% to 40.4% over the past 5 years.
Debt Coverage: RAD's debt is well covered by operating cash flow (46.1%).
Interest Coverage: RAD's interest payments on its debt are not well covered by EBIT (2.1x coverage).