Gambero Rosso Balance Sheet Health
Financial Health criteria checks 2/6
Gambero Rosso has a total shareholder equity of €12.9M and total debt of €7.0M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are €38.4M and €25.5M respectively. Gambero Rosso's EBIT is €2.8M making its interest coverage ratio 6.6. It has cash and short-term investments of €366.0K.
Key information
53.9%
Debt to equity ratio
€6.97m
Debt
| Interest coverage ratio | 6.6x |
| Cash | €366.00k |
| Equity | €12.92m |
| Total liabilities | €25.46m |
| Total assets | €38.38m |
Recent financial health updates
Recent updates
Gambero Rosso's (BIT:GAMB) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 18
Investors Aren't Buying Gambero Rosso S.p.A.'s (BIT:GAMB) Earnings
Jan 05Impressive Earnings May Not Tell The Whole Story For Gambero Rosso (BIT:GAMB)
Oct 04Gambero Rosso (BIT:GAMB) Has More To Do To Multiply In Value Going Forward
Mar 22Gambero Rosso's (BIT:GAMB) Returns Have Hit A Wall
Oct 06The Returns On Capital At Gambero Rosso (BIT:GAMB) Don't Inspire Confidence
Jun 04Gambero Rosso (BIT:GAMB) Seems To Be Using A Lot Of Debt
Mar 28Financial Position Analysis
Short Term Liabilities: GAMB's short term assets (€9.7M) do not cover its short term liabilities (€14.6M).
Long Term Liabilities: GAMB's short term assets (€9.7M) do not cover its long term liabilities (€10.8M).
Debt to Equity History and Analysis
Debt Level: GAMB's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: GAMB's debt to equity ratio has increased from 34% to 53.9% over the past 5 years.
Debt Coverage: GAMB's debt is well covered by operating cash flow (64.8%).
Interest Coverage: GAMB's interest payments on its debt are well covered by EBIT (6.6x coverage).