Longino & Cardenal Balance Sheet Health
Financial Health criteria checks 3/6
Longino & Cardenal has a total shareholder equity of €3.6M and total debt of €7.9M, which brings its debt-to-equity ratio to 221.5%. Its total assets and total liabilities are €19.9M and €16.4M respectively. Longino & Cardenal's EBIT is €484.1K making its interest coverage ratio 1.2. It has cash and short-term investments of €1.2M.
Key information
221.5%
Debt to equity ratio
€7.87m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €1.20m |
| Equity | €3.55m |
| Total liabilities | €16.37m |
| Total assets | €19.92m |
Recent financial health updates
Is Longino & Cardenal (BIT:LON) Using Too Much Debt?
Nov 21
Longino & Cardenal (BIT:LON) Is Making Moderate Use Of Debt
May 23Is Longino & Cardenal (BIT:LON) Using Debt In A Risky Way?
Jun 07Recent updates
Market Cool On Longino & Cardenal S.p.A.'s (BIT:LON) Revenues Pushing Shares 26% Lower
Oct 22Is Longino & Cardenal S.p.A. (BIT:LON) Trading At A 35% Discount?
Sep 20Calculating The Fair Value Of Longino & Cardenal S.p.A. (BIT:LON)
Jun 05Revenues Not Telling The Story For Longino & Cardenal S.p.A. (BIT:LON) After Shares Rise 33%
Feb 16Is Longino & Cardenal (BIT:LON) Using Too Much Debt?
Nov 21Longino & Cardenal (BIT:LON) Is Making Moderate Use Of Debt
May 23Is Longino & Cardenal (BIT:LON) Using Debt In A Risky Way?
Jun 07Calculating The Intrinsic Value Of Longino & Cardenal S.p.A. (BIT:LON)
Mar 31Does It Make Sense To Buy Longino & Cardenal S.p.A. (BIT:LON) For Its Yield?
Feb 24Financial Position Analysis
Short Term Liabilities: LON's short term assets (€14.3M) exceed its short term liabilities (€11.9M).
Long Term Liabilities: LON's short term assets (€14.3M) exceed its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: LON's net debt to equity ratio (187.8%) is considered high.
Reducing Debt: LON's debt to equity ratio has increased from 16.3% to 221.5% 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: LON has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 01:06 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Longino & Cardenal S.p.A. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mattia Petracca | Integrae SPA |
| Luisa Primi | IR Top Consulting S.r.l. |
| Federico Zangaro | IR Top Consulting S.r.l. |