Health Italia Balance Sheet Health
Financial Health criteria checks 6/6
Health Italia has a total shareholder equity of €36.0M and total debt of €10.4M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are €67.4M and €31.4M respectively. Health Italia's EBIT is €5.5M making its interest coverage ratio 9.1. It has cash and short-term investments of €3.9M.
Key information
28.8%
Debt to equity ratio
€10.38m
Debt
| Interest coverage ratio | 9.1x |
| Cash | €3.93m |
| Equity | €35.99m |
| Total liabilities | €31.45m |
| Total assets | €67.44m |
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
Health 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 (€20.5M).
Long Term Liabilities: HI's short term assets (€53.1M) exceed its long term liabilities (€11.0M).
Debt to Equity History and Analysis
Debt Level: HI's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: HI's debt to equity ratio has reduced from 61.6% to 28.8% over the past 5 years.
Debt Coverage: HI's debt is well covered by operating cash flow (20.6%).
Interest Coverage: HI's interest payments on its debt are well covered by EBIT (9.1x coverage).