Vincenzo Zucchi Balance Sheet Health
Financial Health criteria checks 6/6
Vincenzo Zucchi has a total shareholder equity of €49.1M and total debt of €18.0M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are €153.4M and €104.3M respectively. Vincenzo Zucchi's EBIT is €13.9M making its interest coverage ratio 6. It has cash and short-term investments of €11.0M.
Key information
36.7%
Debt to equity ratio
€18.01m
Debt
| Interest coverage ratio | 6x |
| Cash | €10.99m |
| Equity | €49.10m |
| Total liabilities | €104.25m |
| Total assets | €153.35m |
Recent financial health updates
Is Vincenzo Zucchi (BIT:ZUC) A Risky Investment?
Dec 01
We Think Vincenzo Zucchi (BIT:ZUC) Is Taking Some Risk With Its Debt
Oct 04Here's Why Vincenzo Zucchi (BIT:ZUC) Can Manage Its Debt Responsibly
May 21Recent updates
Is Vincenzo Zucchi (BIT:ZUC) A Risky Investment?
Dec 01We Think Vincenzo Zucchi (BIT:ZUC) Is Taking Some Risk With Its Debt
Oct 04Returns On Capital Signal Tricky Times Ahead For Vincenzo Zucchi (BIT:ZUC)
Oct 01Here's Why Vincenzo Zucchi (BIT:ZUC) Can Manage Its Debt Responsibly
May 21Vincenzo Zucchi's (BIT:ZUC) Earnings Are Of Questionable Quality
Apr 16Vincenzo Zucchi (BIT:ZUC) Could Be Struggling To Allocate Capital
Mar 31Financial Position Analysis
Short Term Liabilities: ZUC's short term assets (€76.4M) exceed its short term liabilities (€50.0M).
Long Term Liabilities: ZUC's short term assets (€76.4M) exceed its long term liabilities (€54.2M).
Debt to Equity History and Analysis
Debt Level: ZUC's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: ZUC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ZUC's debt is well covered by operating cash flow (91.3%).
Interest Coverage: ZUC's interest payments on its debt are well covered by EBIT (6x coverage).