CULTI Milano Balance Sheet Health
Financial Health criteria checks 5/6
CULTI Milano has a total shareholder equity of €9.2M and total debt of €6.0M, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are €24.1M and €14.9M respectively. CULTI Milano's EBIT is €3.0M making its interest coverage ratio -757537. It has cash and short-term investments of €3.5M.
Key information
65.6%
Debt to equity ratio
€6.05m
Debt
| Interest coverage ratio | -757537x |
| Cash | €3.51m |
| Equity | €9.21m |
| Total liabilities | €14.90m |
| Total assets | €24.12m |
Recent financial health updates
Does CULTI Milano (BIT:CULT) Have A Healthy Balance Sheet?
May 21
CULTI Milano (BIT:CULT) Seems To Use Debt Rather Sparingly
Oct 08Culti Milano (BIT:CULT) Has A Rock Solid Balance Sheet
Mar 25Culti Milano (BIT:CULT) Could Easily Take On More Debt
Nov 29Recent updates
Does CULTI Milano (BIT:CULT) Have A Healthy Balance Sheet?
May 21CULTI 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 (€16.6M) exceed its short term liabilities (€9.9M).
Long Term Liabilities: CULT's short term assets (€16.6M) exceed its long term liabilities (€5.0M).
Debt to Equity History and Analysis
Debt Level: CULT's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: CULT's debt to equity ratio has increased from 0% to 65.6% over the past 5 years.
Debt Coverage: CULT's debt is well covered by operating cash flow (44.9%).
Interest Coverage: CULT earns more interest than it pays, so coverage of interest payments is not a concern.