Wiit Balance Sheet Health
Financial Health criteria checks 1/6
Wiit has a total shareholder equity of €32.5M and total debt of €216.9M, which brings its debt-to-equity ratio to 666.5%. Its total assets and total liabilities are €309.1M and €276.5M respectively. Wiit's EBIT is €19.5M making its interest coverage ratio 2.6. It has cash and short-term investments of €25.3M.
Key information
666.5%
Debt to equity ratio
€216.95m
Debt
| Interest coverage ratio | 2.6x |
| Cash | €25.29m |
| Equity | €32.55m |
| Total liabilities | €276.54m |
| Total assets | €309.09m |
Recent financial health updates
Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly
Nov 06
Is Wiit (BIT:WIIT) Using Too Much Debt?
Dec 28We Think Wiit (BIT:WIIT) Can Stay On Top Of Its Debt
Sep 09Does Wiit (BIT:WIIT) Have A Healthy Balance Sheet?
May 12Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly
Feb 03Recent updates
Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly
Nov 06Is Wiit S.p.A. (BIT:WIIT) Potentially Undervalued?
Aug 04The Wiit S.p.A. (BIT:WIIT) Yearly Results Are Out And Analysts Have Published New Forecasts
Mar 19Are Wiit S.p.A. (BIT:WIIT) Investors Paying Above The Intrinsic Value?
Oct 27Should You Think About Buying Wiit S.p.A. (BIT:WIIT) Now?
Sep 20Is Wiit S.p.A. (BIT:WIIT) Worth €18.9 Based On Its Intrinsic Value?
Jul 13At €18.85, Is Wiit S.p.A. (BIT:WIIT) Worth Looking At Closely?
Jun 15Wiit S.p.A. (BIT:WIIT) Shares Could Be 28% Above Their Intrinsic Value Estimate
Mar 07Is Wiit (BIT:WIIT) Using Too Much Debt?
Dec 28We Think Wiit (BIT:WIIT) Can Stay On Top Of Its Debt
Sep 09Does Wiit (BIT:WIIT) Have A Healthy Balance Sheet?
May 12Is Wiit's (BIT:WIIT) 210% Share Price Increase Well Justified?
Mar 01Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly
Feb 03Should You Use Wiit's (BIT:WIIT) Statutory Earnings To Analyse It?
Jan 13
Here's How We Evaluate Wiit S.p.A.'s (BIT:WIIT) Dividend
Dec 23Is Wiit S.p.A. (BIT:WIIT) A High Quality Stock To Own?
Dec 02Financial Position Analysis
Short Term Liabilities: WIIT's short term assets (€60.5M) exceed its short term liabilities (€59.1M).
Long Term Liabilities: WIIT's short term assets (€60.5M) do not cover its long term liabilities (€217.4M).
Debt to Equity History and Analysis
Debt Level: WIIT's net debt to equity ratio (588.8%) is considered high.
Reducing Debt: WIIT's debt to equity ratio has increased from 98.3% to 666.5% over the past 5 years.
Debt Coverage: WIIT's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: WIIT's interest payments on its debt are not well covered by EBIT (2.6x coverage).