Ferretti Balance Sheet Health
Financial Health criteria checks 6/6
Ferretti has a total shareholder equity of €839.7M and total debt of €7.8M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €1.6B and €762.6M respectively. Ferretti's EBIT is €97.6M making its interest coverage ratio -14.2. It has cash and short-term investments of €314.1M.
Key information
0.9%
Debt to equity ratio
€7.83m
Debt
Interest coverage ratio | -14.2x |
Cash | €314.11m |
Equity | €839.68m |
Total liabilities | €762.57m |
Total assets | €1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YACHT's short term assets (€930.2M) exceed its short term liabilities (€720.0M).
Long Term Liabilities: YACHT's short term assets (€930.2M) exceed its long term liabilities (€42.5M).
Debt to Equity History and Analysis
Debt Level: YACHT has more cash than its total debt.
Reducing Debt: YACHT's debt to equity ratio has reduced from 167.9% to 0.9% over the past 5 years.
Debt Coverage: YACHT's debt is well covered by operating cash flow (1196.8%).
Interest Coverage: YACHT earns more interest than it pays, so coverage of interest payments is not a concern.