Health Italia Balance Sheet Health
Financial Health criteria checks 6/6
Health Italia has a total shareholder equity of €37.5M and total debt of €8.0M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are €65.0M and €27.5M respectively. Health Italia's EBIT is €6.2M making its interest coverage ratio 12.9. It has cash and short-term investments of €4.1M.
Key information
21.3%
Debt to equity ratio
€8.00m
Debt
| Interest coverage ratio | 12.9x |
| Cash | €4.10m |
| Equity | €37.54m |
| Total liabilities | €27.46m |
| Total assets | €65.00m |
Recent financial health updates
Health Italia (BIT:HI) Has A Pretty Healthy Balance Sheet
Oct 21
These 4 Measures Indicate That Health Italia (BIT:HI) Is Using Debt Reasonably Well
May 13Here's Why Health Italia (BIT:HI) Can Manage Its Debt Responsibly
Nov 10We Think Health Italia (BIT:HI) Can Stay On Top Of Its Debt
May 27Health Italia (BIT:HI) Seems To Use Debt Quite Sensibly
Dec 08Recent updates
Subdued Growth No Barrier To Health Italia S.p.A. (BIT:HI) With Shares Advancing 35%
Oct 10Investors Can Find Comfort In Health Italia's (BIT:HI) Earnings Quality
Sep 29Returns Are Gaining Momentum At Health Italia (BIT:HI)
Jul 22Health Italia's (BIT:HI) Soft Earnings Don't Show The Whole Picture
Mar 17Lacklustre Performance Is Driving Health Italia S.p.A.'s (BIT:HI) Low P/E
Jan 25Returns Are Gaining Momentum At Health Italia (BIT:HI)
Nov 25Health Italia (BIT:HI) Has A Pretty Healthy Balance Sheet
Oct 21Health Italia (BIT:HI) Shareholders Will Want The ROCE Trajectory To Continue
Aug 07These 4 Measures Indicate That Health Italia (BIT:HI) Is Using Debt Reasonably Well
May 13Returns On Capital At Health Italia (BIT:HI) Have Stalled
Dec 30Here's Why Health Italia (BIT:HI) Can Manage Its Debt Responsibly
Nov 10Be Wary Of Health Italia (BIT:HI) And Its Returns On Capital
Jun 23We Think Health Italia (BIT:HI) Can Stay On Top Of Its Debt
May 27Investors Could Be Concerned With Health Italia's (BIT:HI) Returns On Capital
Feb 23Health Italia (BIT:HI) Seems To Use Debt Quite Sensibly
Dec 08Health Italia (BIT:HI) Will Want To Turn Around Its Return Trends
Oct 06Health Italia (BIT:HI) Will Will Want To Turn Around Its Return Trends
Mar 22Is Health Italia S.p.A. (BIT:HI) A Good Dividend Stock?
Jan 28We're Watching These Trends At Health Italia (BIT:HI)
Dec 04Financial Position Analysis
Short Term Liabilities: HI's short term assets (€53.1M) exceed its short term liabilities (€16.5M).
Long Term Liabilities: HI's short term assets (€53.1M) exceed its long term liabilities (€10.9M).
Debt to Equity History and Analysis
Debt Level: HI's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: HI's debt to equity ratio has reduced from 52.8% to 21.3% over the past 5 years.
Debt Coverage: HI's debt is well covered by operating cash flow (45.6%).
Interest Coverage: HI's interest payments on its debt are well covered by EBIT (12.9x coverage).