Spindox Balance Sheet Health
Financial Health criteria checks 4/6
Spindox has a total shareholder equity of €18.8M and total debt of €17.6M, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are €80.9M and €62.1M respectively. Spindox's EBIT is €3.1M making its interest coverage ratio 1.5. It has cash and short-term investments of €15.9M.
Key information
93.8%
Debt to equity ratio
€17.64m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €15.86m |
| Equity | €18.81m |
| Total liabilities | €62.08m |
| Total assets | €80.89m |
Recent financial health updates
No updates
Recent updates
Spindox (BIT:SPN) May Have Issues Allocating Its Capital
Mar 02
Is Now The Time To Look At Buying Spindox S.p.A. (BIT:SPN)?
Jan 03Spindox S.p.A. (BIT:SPN) Shares Could Be 25% Below Their Intrinsic Value Estimate
Oct 27When Should You Buy Spindox S.p.A. (BIT:SPN)?
Sep 21The Return Trends At Spindox (BIT:SPN) Look Promising
Jun 10Calculating The Fair Value Of Spindox S.p.A. (BIT:SPN)
Feb 11Spindox (BIT:SPN) Will Want To Turn Around Its Return Trends
Oct 26Market Participants Recognise Spindox S.p.A.'s (BIT:SPN) Earnings Pushing Shares 29% Higher
Sep 26Is Spindox S.p.A. (BIT:SPN) Trading At A 37% Discount?
Aug 25Spindox's (BIT:SPN) Returns On Capital Not Reflecting Well On The Business
Jul 14Spindox's (BIT:SPN) Strong Earnings Are Of Good Quality
Apr 13Financial Position Analysis
Short Term Liabilities: SPN's short term assets (€52.4M) exceed its short term liabilities (€39.4M).
Long Term Liabilities: SPN's short term assets (€52.4M) exceed its long term liabilities (€22.6M).
Debt to Equity History and Analysis
Debt Level: SPN's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: SPN's debt to equity ratio has reduced from 327.2% to 93.8% over the past 5 years.
Debt Coverage: SPN's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: SPN's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:36 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Spindox S.p.A. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gian Gadini | Banca Akros S.p.A. (ESN) |
| Gianmarco Bonacina | Banca Akros S.p.A. (ESN) |
| Andrea Todeschini | Banca Akros S.p.A. (ESN) |