Centrale del Latte d'Italia Balance Sheet Health
Financial Health criteria checks 5/6
Centrale del Latte d'Italia has a total shareholder equity of €66.6M and total debt of €59.4M, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are €251.5M and €184.8M respectively. Centrale del Latte d'Italia's EBIT is €8.8M making its interest coverage ratio 3.3. It has cash and short-term investments of €36.0M.
Key information
89.2%
Debt to equity ratio
€59.42m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €36.03m |
| Equity | €66.63m |
| Total liabilities | €184.83m |
| Total assets | €251.46m |
Recent financial health updates
Recent updates
We Think Centrale del Latte d'Italia's (BIT:CLI) Robust Earnings Are Conservative
Apr 05
Centrale del Latte d'Italia (BIT:CLI) Is Experiencing Growth In Returns On Capital
Nov 15Centrale del Latte d'Italia's (BIT:CLI) Performance Is Even Better Than Its Earnings Suggest
Sep 19There Is A Reason Centrale del Latte d'Italia S.p.A.'s (BIT:CLI) Price Is Undemanding
Sep 13Is Centrale del Latte d'Italia (BIT:CLI) A Risky Investment?
Jun 14Financial Position Analysis
Short Term Liabilities: CLI's short term assets (€104.2M) do not cover its short term liabilities (€121.7M).
Long Term Liabilities: CLI's short term assets (€104.2M) exceed its long term liabilities (€63.1M).
Debt to Equity History and Analysis
Debt Level: CLI's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: CLI's debt to equity ratio has reduced from 135.2% to 89.2% over the past 5 years.
Debt Coverage: CLI's debt is well covered by operating cash flow (62.6%).
Interest Coverage: CLI's interest payments on its debt are well covered by EBIT (3.3x coverage).