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 €75.0M and total debt of €88.4M, which brings its debt-to-equity ratio to 118%. Its total assets and total liabilities are €287.7M and €212.7M respectively. Centrale del Latte d'Italia's EBIT is €11.1M making its interest coverage ratio 5.4. It has cash and short-term investments of €63.0M.
Key information
118.0%
Debt to equity ratio
€88.42m
Debt
| Interest coverage ratio | 5.4x |
| Cash | €62.98m |
| Equity | €74.96m |
| Total liabilities | €212.71m |
| Total assets | €287.67m |
Recent financial health updates
Recent updates
We Think Centrale del Latte d'Italia's (BIT:CLI) Healthy Earnings Might Be Conservative
Nov 19
We Think Centrale del Latte d'Italia's (BIT:CLI) Robust Earnings Are Conservative
Apr 05Centrale 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 (€146.1M) do not cover its short term liabilities (€156.9M).
Long Term Liabilities: CLI's short term assets (€146.1M) exceed its long term liabilities (€55.8M).
Debt to Equity History and Analysis
Debt Level: CLI's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: CLI's debt to equity ratio has reduced from 159.9% to 118% over the past 5 years.
Debt Coverage: CLI's debt is well covered by operating cash flow (22.1%).
Interest Coverage: CLI's interest payments on its debt are well covered by EBIT (5.4x coverage).