Italian Sea Group Balance Sheet Health
Financial Health criteria checks 5/6
Italian Sea Group has a total shareholder equity of €140.6M and total debt of €60.4M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are €376.3M and €235.7M respectively. Italian Sea Group's EBIT is €51.7M making its interest coverage ratio 6.8. It has cash and short-term investments of €40.3M.
Key information
43.0%
Debt to equity ratio
€60.39m
Debt
| Interest coverage ratio | 6.8x |
| Cash | €40.30m |
| Equity | €140.57m |
| Total liabilities | €235.74m |
| Total assets | €376.30m |
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 (€213.5M) exceed its short term liabilities (€168.5M).
Long Term Liabilities: TISG's short term assets (€213.5M) exceed its long term liabilities (€67.3M).
Debt to Equity History and Analysis
Debt Level: TISG's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: TISG's debt to equity ratio has reduced from 55.4% to 43% over the past 5 years.
Debt Coverage: TISG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TISG's interest payments on its debt are well covered by EBIT (6.8x coverage).