I Grandi Viaggi Balance Sheet Health
Financial Health criteria checks 5/6
I Grandi Viaggi has a total shareholder equity of €66.1M and total debt of €3.3M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are €94.5M and €28.3M respectively. I Grandi Viaggi's EBIT is €2.5M making its interest coverage ratio -2.7. It has cash and short-term investments of €9.3M.
Key information
5.0%
Debt to equity ratio
€3.33m
Debt
| Interest coverage ratio | -2.7x |
| Cash | €9.26m |
| Equity | €66.12m |
| Total liabilities | €28.35m |
| Total assets | €94.47m |
Recent financial health updates
Is I Grandi Viaggi (BIT:IGV) Weighed On By Its Debt Load?
Jan 17
Is I Grandi Viaggi (BIT:IGV) Using Debt Sensibly?
Jul 06Is iGrandiViaggi (BIT:IGV) Using Too Much Debt?
May 10Health Check: How Prudently Does iGrandiViaggi (BIT:IGV) Use Debt?
Jan 23Recent updates
Is I Grandi Viaggi (BIT:IGV) Weighed On By Its Debt Load?
Jan 17Is I Grandi Viaggi (BIT:IGV) Using Debt Sensibly?
Jul 06iGrandiViaggi S.p.A. (BIT:IGV) Just Reported, And Analysts Assigned A €1.30 Price Target
Dec 26Bullish: This Analyst Just Lifted Their iGrandiViaggi S.p.A. (BIT:IGV) Outlook For This Year
Jul 01Is iGrandiViaggi (BIT:IGV) Using Too Much Debt?
May 10Bearish: This Analyst Is Revising Their iGrandiViaggi S.p.A. (BIT:IGV) Revenue and EPS Prognostications
Mar 17iGrandiViaggi (BIT:IGV) Share Prices Have Dropped 53% In The Last Three Years
Mar 17Health Check: How Prudently Does iGrandiViaggi (BIT:IGV) Use Debt?
Jan 23iGrandiViaggi's (BIT:IGV) Shareholders Are Down 54% On Their Shares
Dec 01
Financial Position Analysis
Short Term Liabilities: IGV's short term assets (€16.3M) do not cover its short term liabilities (€18.4M).
Long Term Liabilities: IGV's short term assets (€16.3M) exceed its long term liabilities (€9.9M).
Debt to Equity History and Analysis
Debt Level: IGV has more cash than its total debt.
Reducing Debt: IGV's debt to equity ratio has reduced from 11.6% to 5% over the past 5 years.
Debt Coverage: IGV's debt is well covered by operating cash flow (191.3%).
Interest Coverage: IGV earns more interest than it pays, so coverage of interest payments is not a concern.