Italian Sea Group Balance Sheet Health
Financial Health criteria checks 6/6
Italian Sea Group has a total shareholder equity of €149.0M and total debt of €59.8M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are €394.8M and €245.8M respectively. Italian Sea Group's EBIT is €72.1M making its interest coverage ratio 8.9. It has cash and short-term investments of €52.6M.
Key information
40.1%
Debt to equity ratio
€59.78m
Debt
| Interest coverage ratio | 8.9x |
| Cash | €52.63m |
| Equity | €149.02m |
| Total liabilities | €245.80m |
| Total assets | €394.82m |
Recent financial health updates
No updates
Recent updates
Why Italian Sea Group's (BIT:TISG) Earnings Are Weaker Than They Seem
Sep 19
A Piece Of The Puzzle Missing From The Italian Sea Group S.p.A.'s (BIT:TISG) Share Price
Sep 06Estimating The Intrinsic Value Of The Italian Sea Group S.p.A. (BIT:TISG)
Jan 24The Italian Sea Group S.p.A.'s (BIT:TISG) Intrinsic Value Is Potentially 85% Above Its Share Price
Jan 25We Like These Underlying Return On Capital Trends At Italian Sea Group (BIT:TISG)
Oct 06The Italian Sea Group S.p.A.'s (BIT:TISG) Intrinsic Value Is Potentially 94% Above Its Share Price
Mar 08Italian Sea Group's (BIT:TISG) Promising Earnings May Rest On Soft Foundations
Sep 25Financial Position Analysis
Short Term Liabilities: TISG's short term assets (€234.7M) exceed its short term liabilities (€180.6M).
Long Term Liabilities: TISG's short term assets (€234.7M) exceed its long term liabilities (€65.2M).
Debt to Equity History and Analysis
Debt Level: TISG's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: TISG's debt to equity ratio has reduced from 54.1% to 40.1% over the past 5 years.
Debt Coverage: TISG's debt is well covered by operating cash flow (30.6%).
Interest Coverage: TISG's interest payments on its debt are well covered by EBIT (8.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:34 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Italian Sea Group S.p.A. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fraser Donlon | Berenberg |
| Remi Grenu | Berenberg |
| Anna Frontani | Berenberg |