Safilo Group Balance Sheet Health
Financial Health criteria checks 6/6
Safilo Group has a total shareholder equity of €395.8M and total debt of €118.6M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are €855.5M and €459.7M respectively. Safilo Group's EBIT is €43.5M making its interest coverage ratio 4.1. It has cash and short-term investments of €74.9M.
Key information
30.0%
Debt to equity ratio
€118.60m
Debt
| Interest coverage ratio | 4.1x |
| Cash | €74.90m |
| Equity | €395.79m |
| Total liabilities | €459.68m |
| Total assets | €855.46m |
Recent financial health updates
We Think Safilo Group (BIT:SFL) Is Taking Some Risk With Its Debt
Sep 08
Safilo Group (BIT:SFL) Has A Pretty Healthy Balance Sheet
Oct 05Safilo Group (BIT:SFL) Takes On Some Risk With Its Use Of Debt
Jun 11Is Safilo Group (BIT:SFL) Using Too Much Debt?
Sep 14Is Safilo Group (BIT:SFL) Weighed On By Its Debt Load?
Dec 30
Recent updates
Calculating The Fair Value Of Safilo Group S.p.A. (BIT:SFL)
Feb 01Safilo Group (BIT:SFL) Is Doing The Right Things To Multiply Its Share Price
Jan 13We Think Safilo Group (BIT:SFL) Is Taking Some Risk With Its Debt
Sep 08Safilo Group (BIT:SFL) Is Looking To Continue Growing Its Returns On Capital
Jul 07Is It Too Late To Consider Buying Safilo Group S.p.A. (BIT:SFL)?
Jun 08A Look At The Fair Value Of Safilo Group S.p.A. (BIT:SFL)
May 26Safilo Group (BIT:SFL) Shareholders Will Want The ROCE Trajectory To Continue
Mar 16Is Now The Time To Look At Buying Safilo Group S.p.A. (BIT:SFL)?
Jan 28Safilo Group (BIT:SFL) Has A Pretty Healthy Balance Sheet
Oct 05Is It Too Late To Consider Buying Safilo Group S.p.A. (BIT:SFL)?
Aug 04Returns Are Gaining Momentum At Safilo Group (BIT:SFL)
Jul 06Safilo Group (BIT:SFL) Takes On Some Risk With Its Use Of Debt
Jun 11Is Now An Opportune Moment To Examine Safilo Group S.p.A. (BIT:SFL)?
Mar 23Safilo Group S.p.A.'s (BIT:SFL) Intrinsic Value Is Potentially 26% Above Its Share Price
Mar 01We Like These Underlying Return On Capital Trends At Safilo Group (BIT:SFL)
Nov 28Why Safilo Group S.p.A. (BIT:SFL) Could Be Worth Watching
Nov 10Is Safilo Group (BIT:SFL) Using Too Much Debt?
Sep 14We Think Safilo Group's (BIT:SFL) Profit Is Only A Baseline For What They Can Achieve
Aug 12Need To Know: Analysts Are Much More Bullish On Safilo Group S.p.A. (BIT:SFL)
Aug 04What Is Safilo Group S.p.A.'s (BIT:SFL) Share Price Doing?
May 28Calculating The Intrinsic Value Of Safilo Group S.p.A. (BIT:SFL)
Apr 05Analyst Estimates: Here's What Brokers Think Of Safilo Group S.p.A. (BIT:SFL) After Its Annual Report
Mar 14What Kind Of Investors Own Most Of Safilo Group S.p.A. (BIT:SFL)?
Feb 03Is Safilo Group (BIT:SFL) Weighed On By Its Debt Load?
Dec 30Safilo Group's (BIT:SFL) Shareholders Are Down 93% On Their Shares
Dec 01Financial Position Analysis
Short Term Liabilities: SFL's short term assets (€547.7M) exceed its short term liabilities (€289.1M).
Long Term Liabilities: SFL's short term assets (€547.7M) exceed its long term liabilities (€170.6M).
Debt to Equity History and Analysis
Debt Level: SFL's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: SFL's debt to equity ratio has reduced from 32.7% to 30% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SFL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SFL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.2% per year.