Gambero Rosso Balance Sheet Health
Financial Health criteria checks 1/6
Gambero Rosso has a total shareholder equity of €11.7M and total debt of €7.2M, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are €36.6M and €24.9M respectively. Gambero Rosso's EBIT is €1.2M making its interest coverage ratio 2.2. It has cash and short-term investments of €190.0K.
Key information
61.6%
Debt to equity ratio
€7.18m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €190.00k |
| Equity | €11.65m |
| Total liabilities | €24.94m |
| Total assets | €36.59m |
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 (€7.8M) do not cover its short term liabilities (€14.2M).
Long Term Liabilities: GAMB's short term assets (€7.8M) do not cover its long term liabilities (€10.7M).
Debt to Equity History and Analysis
Debt Level: GAMB's net debt to equity ratio (60%) is considered high.
Reducing Debt: GAMB's debt to equity ratio has increased from 30.1% to 61.6% over the past 5 years.
Debt Coverage: GAMB's debt is well covered by operating cash flow (49.8%).
Interest Coverage: GAMB's interest payments on its debt are not well covered by EBIT (2.2x coverage).