Il Sole 24 ORE Balance Sheet Health
Financial Health criteria checks 5/6
Il Sole 24 ORE has a total shareholder equity of €23.6M and total debt of €53.6M, which brings its debt-to-equity ratio to 227.3%. Its total assets and total liabilities are €251.0M and €227.4M respectively. Il Sole 24 ORE's EBIT is €13.8M making its interest coverage ratio 19.9. It has cash and short-term investments of €68.7M.
Key information
227.3%
Debt to equity ratio
€53.64m
Debt
| Interest coverage ratio | 19.9x |
| Cash | €68.73m |
| Equity | €23.60m |
| Total liabilities | €227.42m |
| Total assets | €251.02m |
Recent financial health updates
We Think Il Sole 24 ORE (BIT:S24) Is Taking Some Risk With Its Debt
Mar 07
Health Check: How Prudently Does Il Sole 24 ORE (BIT:S24) Use Debt?
Feb 19
Recent updates
Solid Earnings Reflect Il Sole 24 ORE's (BIT:S24) Strength As A Business
Apr 15Il Sole 24 ORE S.p.A. (BIT:S24) Released Earnings Last Week And Analysts Lifted Their Price Target To €0.84
Mar 19We Think Il Sole 24 ORE (BIT:S24) Is Taking Some Risk With Its Debt
Mar 07Statutory Profit Doesn't Reflect How Good Il Sole 24 ORE's (BIT:S24) Earnings Are
Aug 10Why Il Sole 24 ORE S.p.A. (BIT:S24) Could Be Worth Watching
May 12Estimating The Fair Value Of Il Sole 24 ORE S.p.A. (BIT:S24)
Mar 26Health Check: How Prudently Does Il Sole 24 ORE (BIT:S24) Use Debt?
Feb 19Financial Position Analysis
Short Term Liabilities: S24's short term assets (€150.3M) exceed its short term liabilities (€122.1M).
Long Term Liabilities: S24's short term assets (€150.3M) exceed its long term liabilities (€105.3M).
Debt to Equity History and Analysis
Debt Level: S24 has more cash than its total debt.
Reducing Debt: S24's debt to equity ratio has increased from 65.7% to 227.3% over the past 5 years.
Debt Coverage: S24's debt is well covered by operating cash flow (59.7%).
Interest Coverage: S24's interest payments on its debt are well covered by EBIT (19.9x coverage).