Bellini Nautica Balance Sheet Health
Financial Health criteria checks 5/6
Bellini Nautica has a total shareholder equity of €7.5M and total debt of €3.4M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are €16.5M and €9.0M respectively. Bellini Nautica's EBIT is €593.8K making its interest coverage ratio 4.7. It has cash and short-term investments of €1.1M.
Key information
44.9%
Debt to equity ratio
€3.38m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €1.13m |
| Equity | €7.53m |
| Total liabilities | €8.97m |
| Total assets | €16.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BELL's short term assets (€15.1M) exceed its short term liabilities (€8.3M).
Long Term Liabilities: BELL's short term assets (€15.1M) exceed its long term liabilities (€680.0K).
Debt to Equity History and Analysis
Debt Level: BELL's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BELL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BELL's debt is well covered by operating cash flow (61.3%).
Interest Coverage: BELL's interest payments on its debt are well covered by EBIT (4.7x coverage).