Bellini Nautica Balance Sheet Health
Financial Health criteria checks 3/6
Bellini Nautica has a total shareholder equity of €7.5M and total debt of €3.9M, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are €17.9M and €10.4M respectively. Bellini Nautica's EBIT is €471.8K making its interest coverage ratio 11.3. It has cash and short-term investments of €485.6K.
Key information
52.6%
Debt to equity ratio
€3.93m
Debt
Interest coverage ratio | 11.3x |
Cash | €485.57k |
Equity | €7.46m |
Total liabilities | €10.42m |
Total assets | €17.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BELL's short term assets (€16.6M) exceed its short term liabilities (€8.8M).
Long Term Liabilities: BELL's short term assets (€16.6M) exceed its long term liabilities (€1.6M).
Debt to Equity History and Analysis
Debt Level: BELL's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: Insufficient data to determine if BELL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BELL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BELL's interest payments on its debt are well covered by EBIT (11.3x coverage).