Destination Italia Balance Sheet Health
Financial Health criteria checks 1/6
Destination Italia has a total shareholder equity of €5.4M and total debt of €16.6M, which brings its debt-to-equity ratio to 305.7%. Its total assets and total liabilities are €57.8M and €52.3M respectively.
Key information
305.7%
Debt to equity ratio
€16.63m
Debt
| Interest coverage ratio | n/a |
| Cash | €4.56m |
| Equity | €5.44m |
| Total liabilities | €52.35m |
| Total assets | €57.79m |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Destination Italia S.p.A. (BIT:DIT) Stock Yet As It Plummets 25%
Oct 31
It's A Story Of Risk Vs Reward With Destination Italia S.p.A. (BIT:DIT)
Aug 01Investors Give Destination Italia S.p.A. (BIT:DIT) Shares A 26% Hiding
Sep 30Take Care Before Jumping Onto Destination Italia S.p.A. (BIT:DIT) Even Though It's 26% Cheaper
Sep 30Financial Position Analysis
Short Term Liabilities: DIT's short term assets (€36.9M) do not cover its short term liabilities (€40.8M).
Long Term Liabilities: DIT's short term assets (€36.9M) exceed its long term liabilities (€11.5M).
Debt to Equity History and Analysis
Debt Level: DIT's net debt to equity ratio (221.9%) is considered high.
Reducing Debt: Insufficient data to determine if DIT's debt to equity ratio has reduced 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: DIT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DIT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.