Risanamento Balance Sheet Health
Financial Health criteria checks 6/6
Risanamento has a total shareholder equity of €52.6M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €175.3M and €122.7M respectively. Risanamento's EBIT is €23.3M making its interest coverage ratio 10.6. It has cash and short-term investments of €50.4M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 10.6x |
| Cash | €50.35m |
| Equity | €52.62m |
| Total liabilities | €122.69m |
| Total assets | €175.31m |
Recent financial health updates
Is Risanamento (BIT:RN) Using Debt In A Risky Way?
Feb 01
Is Risanamento (BIT:RN) Using Too Much Debt?
Oct 20Is Risanamento (BIT:RN) Using Debt Sensibly?
Jan 05
Recent updates
Risanamento's (BIT:RN) Strong Earnings Are Of Good Quality
Apr 20Take Care Before Diving Into The Deep End On Risanamento SpA (BIT:RN)
Feb 20Market Cool On Risanamento SpA's (BIT:RN) Revenues Pushing Shares 25% Lower
Oct 04Is Risanamento (BIT:RN) Using Debt In A Risky Way?
Feb 01Is Risanamento (BIT:RN) Using Too Much Debt?
Oct 20Can You Imagine How Risanamento's (BIT:RN) Shareholders Feel About The 94% Share Price Increase?
Feb 27Is Risanamento (BIT:RN) Using Debt Sensibly?
Jan 05Financial Position Analysis
Short Term Liabilities: RN's short term assets (€163.7M) exceed its short term liabilities (€69.8M).
Long Term Liabilities: RN's short term assets (€163.7M) exceed its long term liabilities (€52.9M).
Debt to Equity History and Analysis
Debt Level: RN is debt free.
Reducing Debt: RN has no debt compared to 5 years ago when its debt to equity ratio was 313.4%.
Debt Coverage: RN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RN has no debt, therefore coverage of interest payments is not a concern.