Azimut Holding Balance Sheet Health
Financial Health criteria checks 5/6
Azimut Holding has a total shareholder equity of €1.6B and total debt of €497.2M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are €10.0B and €8.3B respectively. Azimut Holding's EBIT is €644.5M making its interest coverage ratio 74.7. It has cash and short-term investments of €470.5M.
Key information
30.9%
Debt to equity ratio
€497.20m
Debt
| Interest coverage ratio | 74.7x |
| Cash | €470.48m |
| Equity | €1.61b |
| Total liabilities | €8.35b |
| Total assets | €9.96b |
Recent financial health updates
No updates
Recent updates
Azimut Holding's (BIT:AZM) Dividend Will Be Increased To €1.40
Mar 14
Azimut Holding S.p.A.'s (BIT:AZM) Shares Lagging The Market But So Is The Business
Dec 18We Ran A Stock Scan For Earnings Growth And Azimut Holding (BIT:AZM) Passed With Ease
Feb 03Do Azimut Holding's (BIT:AZM) Earnings Warrant Your Attention?
Aug 02Azimut Holding (BIT:AZM) Has Announced That It Will Be Increasing Its Dividend To €1.30
May 19With EPS Growth And More, Azimut Holding (BIT:AZM) Is Interesting
May 03Azimut Holding's (BIT:AZM) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Analyst Forecasts Just Became More Bearish On Azimut Holding S.p.A. (BIT:AZM)
Mar 15Azimut Holding (BIT:AZM) Is Increasing Its Dividend To €1.30
Mar 13Results: Azimut Holding S.p.A. Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 14Does Azimut Holding S.p.A. (BIT:AZM) Have A Place In Your Dividend Portfolio?
Mar 02Azimut Holding's (BIT:AZM) Shareholders Are Down 16% On Their Shares
Jan 03Financial Position Analysis
Short Term Liabilities: AZM's short term assets (€1.1B) exceed its short term liabilities (€842.2M).
Long Term Liabilities: AZM's short term assets (€1.1B) do not cover its long term liabilities (€7.5B).
Debt to Equity History and Analysis
Debt Level: AZM's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: AZM's debt to equity ratio has reduced from 58.6% to 30.9% over the past 5 years.
Debt Coverage: AZM's debt is well covered by operating cash flow (94.3%).
Interest Coverage: AZM's interest payments on its debt are well covered by EBIT (74.7x coverage).