CULTI Milano Balance Sheet Health
Financial Health criteria checks 5/6
CULTI Milano has a total shareholder equity of €8.6M and total debt of €7.3M, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are €23.8M and €15.2M respectively. CULTI Milano's EBIT is €1.7M making its interest coverage ratio -575651.3. It has cash and short-term investments of €4.1M.
Key information
85.6%
Debt to equity ratio
€7.34m
Debt
| Interest coverage ratio | -575651.3x |
| Cash | €4.13m |
| Equity | €8.57m |
| Total liabilities | €15.21m |
| Total assets | €23.78m |
Recent financial health updates
CULTI Milano (BIT:CULT) Seems To Use Debt Rather Sparingly
Oct 08
Culti Milano (BIT:CULT) Has A Rock Solid Balance Sheet
Mar 25Culti Milano (BIT:CULT) Could Easily Take On More Debt
Nov 29Recent updates
CULTI Milano's (BIT:CULT) Anemic Earnings Might Be Worse Than You Think
Mar 21CULTI Milano (BIT:CULT) Seems To Use Debt Rather Sparingly
Oct 08An Intrinsic Calculation For Culti Milano S.p.A. (BIT:CULT) Suggests It's 40% Undervalued
Aug 05Culti Milano (BIT:CULT) Has A Rock Solid Balance Sheet
Mar 25Are Investors Undervaluing Culti Milano S.p.A. (BIT:CULT) By 49%?
Feb 01Culti Milano (BIT:CULT) Could Easily Take On More Debt
Nov 29A Look At The Fair Value Of Culti Milano S.p.A. (BIT:CULT)
May 30Financial Position Analysis
Short Term Liabilities: CULT's short term assets (€15.9M) exceed its short term liabilities (€8.8M).
Long Term Liabilities: CULT's short term assets (€15.9M) exceed its long term liabilities (€6.4M).
Debt to Equity History and Analysis
Debt Level: CULT's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: CULT's debt to equity ratio has increased from 0% to 85.6% over the past 5 years.
Debt Coverage: CULT's debt is well covered by operating cash flow (33.9%).
Interest Coverage: CULT earns more interest than it pays, so coverage of interest payments is not a concern.