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PITECO Balance Sheet Health
Financial Health criteria checks 2/6
Key information
125.9%
Debt to equity ratio
€64.02m
Debt
| Interest coverage ratio | 7x |
| Cash | €7.88m |
| Equity | €50.85m |
| Total liabilities | €92.88m |
| Total assets | €143.73m |
Recent financial health updates
Recent updates
PITECO S.p.A.'s (BIT:PITE) Intrinsic Value Is Potentially 48% Above Its Share Price
Jun 14
Here's Why I Think PITECO (BIT:PITE) Is An Interesting Stock
Jun 01PITECO (BIT:PITE) Has A Somewhat Strained Balance Sheet
Apr 07Is PITECO S.p.A. (BIT:PITE) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 10PITECO (BIT:PITE) Has Gifted Shareholders With A Fantastic 260% Total Return On Their Investment
Feb 20
Are PITECO's (BIT:PITE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 02Should PITECO S.p.A. (BIT:PITE) Be Part Of Your Dividend Portfolio?
Jan 18PITECO S.p.A.'s (BIT:PITE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 01What Is The Ownership Structure Like For PITECO S.p.A. (BIT:PITE)?
Dec 17PITECO S.p.A. (BIT:PITE) Shares Could Be 25% Above Their Intrinsic Value Estimate
Dec 02Financial Position Analysis
Short Term Liabilities: PITE's short term assets (€19.6M) do not cover its short term liabilities (€20.9M).
Long Term Liabilities: PITE's short term assets (€19.6M) do not cover its long term liabilities (€71.9M).
Debt to Equity History and Analysis
Debt Level: PITE's net debt to equity ratio (110.4%) is considered high.
Reducing Debt: PITE's debt to equity ratio has increased from 28.1% to 125.9% over the past 5 years.
Debt Coverage: PITE's debt is well covered by operating cash flow (22.1%).
Interest Coverage: PITE's interest payments on its debt are well covered by EBIT (7x coverage).