Zignago Vetro Balance Sheet Health
Financial Health criteria checks 5/6
Zignago Vetro has a total shareholder equity of €353.6M and total debt of €268.7M, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are €757.5M and €403.9M respectively. Zignago Vetro's EBIT is €54.2M making its interest coverage ratio 3.5. It has cash and short-term investments of €59.2M.
Key information
76.0%
Debt to equity ratio
€268.74m
Debt
Interest coverage ratio | 3.5x |
Cash | €59.22m |
Equity | €353.61m |
Total liabilities | €403.88m |
Total assets | €757.50m |
Recent financial health updates
Is Zignago Vetro (BIT:ZV) Using Too Much Debt?
Sep 28Zignago Vetro (BIT:ZV) Has A Pretty Healthy Balance Sheet
Apr 19Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?
Jan 04Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?
Feb 28Zignago Vetro (BIT:ZV) Has A Pretty Healthy Balance Sheet
Dec 28Zignago Vetro (BIT:ZV) Seems To Use Debt Quite Sensibly
Sep 16Recent updates
Investor Optimism Abounds Zignago Vetro S.p.A. (BIT:ZV) But Growth Is Lacking
Oct 31Is Zignago Vetro (BIT:ZV) Using Too Much Debt?
Sep 28Is There Now An Opportunity In Zignago Vetro S.p.A. (BIT:ZV)?
Jul 13There Is A Reason Zignago Vetro S.p.A.'s (BIT:ZV) Price Is Undemanding
May 29Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.75
Apr 26Zignago Vetro (BIT:ZV) Has A Pretty Healthy Balance Sheet
Apr 19Should You Investigate Zignago Vetro S.p.A. (BIT:ZV) At €12.62?
Mar 22We Like These Underlying Return On Capital Trends At Zignago Vetro (BIT:ZV)
Feb 11Is There An Opportunity With Zignago Vetro S.p.A.'s (BIT:ZV) 25% Undervaluation?
Jan 27Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?
Jan 04Zignago Vetro (BIT:ZV) Is Doing The Right Things To Multiply Its Share Price
Nov 08At €13.00, Is Zignago Vetro S.p.A. (BIT:ZV) Worth Looking At Closely?
Oct 14Zignago Vetro S.p.A.'s (BIT:ZV) Intrinsic Value Is Potentially 34% Above Its Share Price
Sep 26Return Trends At Zignago Vetro (BIT:ZV) Aren't Appealing
Jul 28Zignago Vetro S.p.A. (BIT:ZV) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jun 13Why Zignago Vetro S.p.A. (BIT:ZV) Could Be Worth Watching
May 23Returns On Capital At Zignago Vetro (BIT:ZV) Have Hit The Brakes
Apr 21Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.60
Apr 05Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.60
Mar 19Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?
Feb 28A Look At The Fair Value Of Zignago Vetro S.p.A. (BIT:ZV)
Jan 21Is It Time To Consider Buying Zignago Vetro S.p.A. (BIT:ZV)?
Jan 05Be Wary Of Zignago Vetro (BIT:ZV) And Its Returns On Capital
Dec 06At €11.54, Is It Time To Put Zignago Vetro S.p.A. (BIT:ZV) On Your Watch List?
Oct 05Is There An Opportunity With Zignago Vetro S.p.A.'s (BIT:ZV) 36% Undervaluation?
Sep 13Is Now The Time To Put Zignago Vetro (BIT:ZV) On Your Watchlist?
Jul 30Should You Think About Buying Zignago Vetro S.p.A. (BIT:ZV) Now?
Jul 06Zignago Vetro (BIT:ZV) Has More To Do To Multiply In Value Going Forward
Jun 14Zignago Vetro (BIT:ZV) Will Pay A Larger Dividend Than Last Year At €0.40
Apr 28Zignago Vetro's (BIT:ZV) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 14Zignago Vetro (BIT:ZV) Is Paying Out A Larger Dividend Than Last Year
Mar 31Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.40
Mar 16Returns At Zignago Vetro (BIT:ZV) Appear To Be Weighed Down
Mar 08A Look At The Fair Value Of Zignago Vetro S.p.A. (BIT:ZV)
Jan 26Here's Why We Think Zignago Vetro (BIT:ZV) Is Well Worth Watching
Jan 11Zignago Vetro (BIT:ZV) Has A Pretty Healthy Balance Sheet
Dec 28Here's What To Make Of Zignago Vetro's (BIT:ZV) Decelerating Rates Of Return
Nov 16Zignago Vetro S.p.A.'s (BIT:ZV) Intrinsic Value Is Potentially 23% Below Its Share Price
Oct 04Zignago Vetro (BIT:ZV) Seems To Use Debt Quite Sensibly
Sep 16Investors Met With Slowing Returns on Capital At Zignago Vetro (BIT:ZV)
Aug 04Estimating The Intrinsic Value Of Zignago Vetro S.p.A. (BIT:ZV)
May 24Is Zignago Vetro (BIT:ZV) A Risky Investment?
Apr 06Zignago Vetro's (BIT:ZV) Shareholders Have More To Worry About Than Only Soft Earnings
Mar 20Zignago Vetro (BIT:ZV) Has Gifted Shareholders With A Fantastic 217% Total Return On Their Investment
Mar 17Should We Be Excited About The Trends Of Returns At Zignago Vetro (BIT:ZV)?
Feb 26Should We Be Delighted With Zignago Vetro S.p.A.'s (BIT:ZV) ROE Of 20%?
Jan 31A Look At The Intrinsic Value Of Zignago Vetro S.p.A. (BIT:ZV)
Jan 15Would Zignago Vetro S.p.A. (BIT:ZV) Be Valuable To Income Investors?
Dec 31Financial Position Analysis
Short Term Liabilities: ZV's short term assets (€347.8M) exceed its short term liabilities (€213.2M).
Long Term Liabilities: ZV's short term assets (€347.8M) exceed its long term liabilities (€190.7M).
Debt to Equity History and Analysis
Debt Level: ZV's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: ZV's debt to equity ratio has reduced from 122.3% to 76% over the past 5 years.
Debt Coverage: ZV's debt is well covered by operating cash flow (40.7%).
Interest Coverage: ZV's interest payments on its debt are well covered by EBIT (3.5x coverage).