Zignago Vetro Balance Sheet Health

Financial Health criteria checks 5/6

Zignago Vetro has a total shareholder equity of €361.6M and total debt of €284.2M, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are €797.7M and €436.1M respectively. Zignago Vetro's EBIT is €106.3M making its interest coverage ratio 6. It has cash and short-term investments of €100.7M.

Key information

78.6%

Debt to equity ratio

€284.18m

Debt

Interest coverage ratio6x
Cash€100.75m
Equity€361.58m
Total liabilities€436.11m
Total assets€797.69m

Recent financial health updates

Recent updates

Should You Investigate Zignago Vetro S.p.A. (BIT:ZV) At €12.62?

Mar 22
Should You Investigate Zignago Vetro S.p.A. (BIT:ZV) At €12.62?

We Like These Underlying Return On Capital Trends At Zignago Vetro (BIT:ZV)

Feb 11
We Like These Underlying Return On Capital Trends At Zignago Vetro (BIT:ZV)

Is There An Opportunity With Zignago Vetro S.p.A.'s (BIT:ZV) 25% Undervaluation?

Jan 27
Is There An Opportunity With Zignago Vetro S.p.A.'s (BIT:ZV) 25% Undervaluation?

Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?

Jan 04
Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?

Zignago Vetro (BIT:ZV) Is Doing The Right Things To Multiply Its Share Price

Nov 08
Zignago Vetro (BIT:ZV) Is Doing The Right Things To Multiply Its Share Price

At €13.00, Is Zignago Vetro S.p.A. (BIT:ZV) Worth Looking At Closely?

Oct 14
At €13.00, Is Zignago Vetro S.p.A. (BIT:ZV) Worth Looking At Closely?

Zignago Vetro S.p.A.'s (BIT:ZV) Intrinsic Value Is Potentially 34% Above Its Share Price

Sep 26
Zignago Vetro S.p.A.'s (BIT:ZV) Intrinsic Value Is Potentially 34% Above Its Share Price

Return Trends At Zignago Vetro (BIT:ZV) Aren't Appealing

Jul 28
Return Trends At Zignago Vetro (BIT:ZV) Aren't Appealing

Zignago Vetro S.p.A. (BIT:ZV) Shares Could Be 31% Below Their Intrinsic Value Estimate

Jun 13
Zignago Vetro S.p.A. (BIT:ZV) Shares Could Be 31% Below Their Intrinsic Value Estimate

Why Zignago Vetro S.p.A. (BIT:ZV) Could Be Worth Watching

May 23
Why Zignago Vetro S.p.A. (BIT:ZV) Could Be Worth Watching

Returns On Capital At Zignago Vetro (BIT:ZV) Have Hit The Brakes

Apr 21
Returns On Capital At Zignago Vetro (BIT:ZV) Have Hit The Brakes

Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.60

Apr 05
Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.60

Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.60

Mar 19
Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.60

Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?

Feb 28
Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?

A Look At The Fair Value Of Zignago Vetro S.p.A. (BIT:ZV)

Jan 21
A Look At The Fair Value Of Zignago Vetro S.p.A. (BIT:ZV)

Is It Time To Consider Buying Zignago Vetro S.p.A. (BIT:ZV)?

Jan 05
Is It Time To Consider Buying Zignago Vetro S.p.A. (BIT:ZV)?

Be Wary Of Zignago Vetro (BIT:ZV) And Its Returns On Capital

Dec 06
Be Wary Of Zignago Vetro (BIT:ZV) And Its Returns On Capital

At €11.54, Is It Time To Put Zignago Vetro S.p.A. (BIT:ZV) On Your Watch List?

Oct 05
At €11.54, Is It Time To Put Zignago Vetro S.p.A. (BIT:ZV) On Your Watch List?

Is There An Opportunity With Zignago Vetro S.p.A.'s (BIT:ZV) 36% Undervaluation?

Sep 13
Is There An Opportunity With Zignago Vetro S.p.A.'s (BIT:ZV) 36% Undervaluation?

Is Now The Time To Put Zignago Vetro (BIT:ZV) On Your Watchlist?

Jul 30
Is Now The Time To Put Zignago Vetro (BIT:ZV) On Your Watchlist?

Should You Think About Buying Zignago Vetro S.p.A. (BIT:ZV) Now?

Jul 06
Should You Think About Buying Zignago Vetro S.p.A. (BIT:ZV) Now?

Zignago Vetro (BIT:ZV) Has More To Do To Multiply In Value Going Forward

Jun 14
Zignago Vetro (BIT:ZV) Has More To Do To Multiply In Value Going Forward

Zignago Vetro (BIT:ZV) Will Pay A Larger Dividend Than Last Year At €0.40

Apr 28
Zignago Vetro (BIT:ZV) Will Pay A Larger Dividend Than Last Year At €0.40

Zignago Vetro's (BIT:ZV) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 14
Zignago Vetro's (BIT:ZV) Shareholders Will Receive A Bigger Dividend Than Last Year

Zignago Vetro (BIT:ZV) Is Paying Out A Larger Dividend Than Last Year

Mar 31
Zignago Vetro (BIT:ZV) Is Paying Out A Larger Dividend Than Last Year

Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.40

Mar 16
Zignago Vetro (BIT:ZV) Is Increasing Its Dividend To €0.40

Returns At Zignago Vetro (BIT:ZV) Appear To Be Weighed Down

Mar 08
Returns At Zignago Vetro (BIT:ZV) Appear To Be Weighed Down

A Look At The Fair Value Of Zignago Vetro S.p.A. (BIT:ZV)

Jan 26
A Look At The Fair Value Of Zignago Vetro S.p.A. (BIT:ZV)

Here's Why We Think Zignago Vetro (BIT:ZV) Is Well Worth Watching

Jan 11
Here's Why We Think Zignago Vetro (BIT:ZV) Is Well Worth Watching

Zignago Vetro (BIT:ZV) Has A Pretty Healthy Balance Sheet

Dec 28
Zignago Vetro (BIT:ZV) Has A Pretty Healthy Balance Sheet

Here's What To Make Of Zignago Vetro's (BIT:ZV) Decelerating Rates Of Return

Nov 16
Here's What To Make Of Zignago Vetro's (BIT:ZV) Decelerating Rates Of Return

Zignago Vetro S.p.A.'s (BIT:ZV) Intrinsic Value Is Potentially 23% Below Its Share Price

Oct 04
Zignago Vetro S.p.A.'s (BIT:ZV) Intrinsic Value Is Potentially 23% Below Its Share Price

Zignago Vetro (BIT:ZV) Seems To Use Debt Quite Sensibly

Sep 16
Zignago Vetro (BIT:ZV) Seems To Use Debt Quite Sensibly

Investors Met With Slowing Returns on Capital At Zignago Vetro (BIT:ZV)

Aug 04
Investors Met With Slowing Returns on Capital At Zignago Vetro (BIT:ZV)

Estimating The Intrinsic Value Of Zignago Vetro S.p.A. (BIT:ZV)

May 24
Estimating The Intrinsic Value Of Zignago Vetro S.p.A. (BIT:ZV)

Is Zignago Vetro (BIT:ZV) A Risky Investment?

Apr 06
Is Zignago Vetro (BIT:ZV) A Risky Investment?

Zignago Vetro's (BIT:ZV) Shareholders Have More To Worry About Than Only Soft Earnings

Mar 20
Zignago Vetro's (BIT:ZV) Shareholders Have More To Worry About Than Only Soft Earnings

Zignago Vetro (BIT:ZV) Has Gifted Shareholders With A Fantastic 217% Total Return On Their Investment

Mar 17
Zignago Vetro (BIT:ZV) Has Gifted Shareholders With A Fantastic 217% Total Return On Their Investment

Should We Be Excited About The Trends Of Returns At Zignago Vetro (BIT:ZV)?

Feb 26
Should We Be Excited About The Trends Of Returns At Zignago Vetro (BIT:ZV)?

Should We Be Delighted With Zignago Vetro S.p.A.'s (BIT:ZV) ROE Of 20%?

Jan 31
Should We Be Delighted With Zignago Vetro S.p.A.'s (BIT:ZV) ROE Of 20%?

A Look At The Intrinsic Value Of Zignago Vetro S.p.A. (BIT:ZV)

Jan 15
A Look At The Intrinsic Value Of Zignago Vetro S.p.A. (BIT:ZV)

Would Zignago Vetro S.p.A. (BIT:ZV) Be Valuable To Income Investors?

Dec 31
Would Zignago Vetro S.p.A. (BIT:ZV) Be Valuable To Income Investors?

Zignago Vetro (BIT:ZV) Has Gifted Shareholders With A Fantastic 175% Total Return On Their Investment

Dec 11
Zignago Vetro (BIT:ZV) Has Gifted Shareholders With A Fantastic 175% Total Return On Their Investment

Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?

Nov 25
Does Zignago Vetro (BIT:ZV) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: ZV's short term assets (€374.3M) exceed its short term liabilities (€233.7M).

Long Term Liabilities: ZV's short term assets (€374.3M) exceed its long term liabilities (€202.4M).


Debt to Equity History and Analysis

Debt Level: ZV's net debt to equity ratio (50.7%) is considered high.

Reducing Debt: ZV's debt to equity ratio has reduced from 104.4% to 78.6% over the past 5 years.

Debt Coverage: ZV's debt is well covered by operating cash flow (54.9%).

Interest Coverage: ZV's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


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