Reti Balance Sheet Health
Financial Health criteria checks 3/6
Reti has a total shareholder equity of €8.6M and total debt of €7.0M, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are €35.0M and €26.4M respectively. Reti's EBIT is €2.3M making its interest coverage ratio 9.6. It has cash and short-term investments of €2.2M.
Key information
80.5%
Debt to equity ratio
€6.95m
Debt
| Interest coverage ratio | 9.6x |
| Cash | €2.23m |
| Equity | €8.64m |
| Total liabilities | €26.40m |
| Total assets | €35.04m |
Recent financial health updates
No updates
Recent updates
Reti (BIT:RETI) Has More To Do To Multiply In Value Going Forward
Feb 02
Is Now An Opportune Moment To Examine Reti S.p.A. (BIT:RETI)?
Nov 21Estimating The Intrinsic Value Of Reti S.p.A. (BIT:RETI)
Oct 25What Is Reti S.p.A.'s (BIT:RETI) Share Price Doing?
Oct 02Statutory Profit Doesn't Reflect How Good Reti's (BIT:RETI) Earnings Are
Apr 14Reti's (BIT:RETI) Returns Have Hit A Wall
Nov 17A Look At The Intrinsic Value Of Reti S.p.A. (BIT:RETI)
Jun 09Financial Position Analysis
Short Term Liabilities: RETI's short term assets (€12.1M) do not cover its short term liabilities (€13.6M).
Long Term Liabilities: RETI's short term assets (€12.1M) do not cover its long term liabilities (€12.8M).
Debt to Equity History and Analysis
Debt Level: RETI's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: RETI's debt to equity ratio has reduced from 347.2% to 80.5% over the past 5 years.
Debt Coverage: RETI's debt is well covered by operating cash flow (38.3%).
Interest Coverage: RETI's interest payments on its debt are well covered by EBIT (9.6x coverage).