Destination Italia Balance Sheet Health
Financial Health criteria checks 1/6
Destination Italia has a total shareholder equity of €5.6M and total debt of €14.1M, which brings its debt-to-equity ratio to 254%. Its total assets and total liabilities are €35.5M and €29.9M respectively.
Key information
254.0%
Debt to equity ratio
€14.15m
Debt
Interest coverage ratio | n/a |
Cash | €2.35m |
Equity | €5.57m |
Total liabilities | €29.91m |
Total assets | €35.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DIT's short term assets (€17.9M) do not cover its short term liabilities (€19.8M).
Long Term Liabilities: DIT's short term assets (€17.9M) exceed its long term liabilities (€10.2M).
Debt to Equity History and Analysis
Debt Level: DIT's net debt to equity ratio (211.9%) 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.