Wiit S.p.A.

BIT:WIIT Stock Report

Market Cap: €506.9m

Wiit Balance Sheet Health

Financial Health criteria checks 0/6

Wiit has a total shareholder equity of €35.3M and total debt of €227.2M, which brings its debt-to-equity ratio to 644.2%. Its total assets and total liabilities are €330.3M and €295.1M respectively. Wiit's EBIT is €24.1M making its interest coverage ratio 2.9. It has cash and short-term investments of €22.5M.

Key information

644.2%

Debt to equity ratio

€227.18m

Debt

Interest coverage ratio2.9x
Cash€22.47m
Equity€35.27m
Total liabilities€295.07m
Total assets€330.34m

Recent financial health updates

Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Nov 06
Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Is Wiit (BIT:WIIT) Using Too Much Debt?

Dec 28
Is Wiit (BIT:WIIT) Using Too Much Debt?

We Think Wiit (BIT:WIIT) Can Stay On Top Of Its Debt

Sep 09
We Think Wiit (BIT:WIIT) Can Stay On Top Of Its Debt

Does Wiit (BIT:WIIT) Have A Healthy Balance Sheet?

May 12
Does Wiit (BIT:WIIT) Have A Healthy Balance Sheet?

Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Feb 03
Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Recent updates

Is There Now An Opportunity In Wiit S.p.A. (BIT:WIIT)?

Sep 14
Is There Now An Opportunity In Wiit S.p.A. (BIT:WIIT)?

Investors Shouldn't Be Too Comfortable With Wiit's (BIT:WIIT) Earnings

Aug 09
Investors Shouldn't Be Too Comfortable With Wiit's (BIT:WIIT) Earnings

We Ran A Stock Scan For Earnings Growth And Wiit (BIT:WIIT) Passed With Ease

Aug 04
We Ran A Stock Scan For Earnings Growth And Wiit (BIT:WIIT) Passed With Ease

Wiit S.p.A.'s (BIT:WIIT) 30% Jump Shows Its Popularity With Investors

Jun 29
Wiit S.p.A.'s (BIT:WIIT) 30% Jump Shows Its Popularity With Investors

Industry Analysts Just Upgraded Their Wiit S.p.A. (BIT:WIIT) Revenue Forecasts By 10%

May 09
Industry Analysts Just Upgraded Their Wiit S.p.A. (BIT:WIIT) Revenue Forecasts By 10%

Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Nov 06
Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Is Wiit S.p.A. (BIT:WIIT) Potentially Undervalued?

Aug 04
Is Wiit S.p.A. (BIT:WIIT) Potentially Undervalued?

The Wiit S.p.A. (BIT:WIIT) Yearly Results Are Out And Analysts Have Published New Forecasts

Mar 19
The Wiit S.p.A. (BIT:WIIT) Yearly Results Are Out And Analysts Have Published New Forecasts

Are Wiit S.p.A. (BIT:WIIT) Investors Paying Above The Intrinsic Value?

Oct 27
Are Wiit S.p.A. (BIT:WIIT) Investors Paying Above The Intrinsic Value?

Should You Think About Buying Wiit S.p.A. (BIT:WIIT) Now?

Sep 20
Should You Think About Buying Wiit S.p.A. (BIT:WIIT) Now?

Is Wiit S.p.A. (BIT:WIIT) Worth €18.9 Based On Its Intrinsic Value?

Jul 13
Is Wiit S.p.A. (BIT:WIIT) Worth €18.9 Based On Its Intrinsic Value?

At €18.85, Is Wiit S.p.A. (BIT:WIIT) Worth Looking At Closely?

Jun 15
At €18.85, Is Wiit S.p.A. (BIT:WIIT) Worth Looking At Closely?

Wiit S.p.A. (BIT:WIIT) Shares Could Be 28% Above Their Intrinsic Value Estimate

Mar 07
Wiit S.p.A. (BIT:WIIT) Shares Could Be 28% Above Their Intrinsic Value Estimate

Is Wiit (BIT:WIIT) Using Too Much Debt?

Dec 28
Is Wiit (BIT:WIIT) Using Too Much Debt?

We Think Wiit (BIT:WIIT) Can Stay On Top Of Its Debt

Sep 09
We Think Wiit (BIT:WIIT) Can Stay On Top Of Its Debt

Does Wiit (BIT:WIIT) Have A Healthy Balance Sheet?

May 12
Does Wiit (BIT:WIIT) Have A Healthy Balance Sheet?

Is Wiit's (BIT:WIIT) 210% Share Price Increase Well Justified?

Mar 01
Is Wiit's (BIT:WIIT) 210% Share Price Increase Well Justified?

Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Feb 03
Wiit (BIT:WIIT) Seems To Use Debt Quite Sensibly

Should You Use Wiit's (BIT:WIIT) Statutory Earnings To Analyse It?

Jan 13
Should You Use Wiit's (BIT:WIIT) Statutory Earnings To Analyse It?

Here's How We Evaluate Wiit S.p.A.'s (BIT:WIIT) Dividend

Dec 23
Here's How We Evaluate Wiit S.p.A.'s (BIT:WIIT) Dividend

Is Wiit S.p.A. (BIT:WIIT) A High Quality Stock To Own?

Dec 02
Is Wiit S.p.A. (BIT:WIIT) A High Quality Stock To Own?

Financial Position Analysis

Short Term Liabilities: WIIT's short term assets (€68.8M) do not cover its short term liabilities (€74.9M).

Long Term Liabilities: WIIT's short term assets (€68.8M) do not cover its long term liabilities (€220.2M).

Debt to Equity History and Analysis

Debt Level: WIIT's net debt to equity ratio (580.4%) is considered high.

Reducing Debt: WIIT's debt to equity ratio has increased from 121.3% to 644.2% over the past 5 years.

Debt Coverage: WIIT's debt is not well covered by operating cash flow (13.6%).

Interest Coverage: WIIT's interest payments on its debt are not well covered by EBIT (2.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 16:49
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Wiit S.p.A. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michele BaldelliBNP Paribas Exane
Luigi De BellisEquita SIM S.p.A.
Domenico GhilottiEquita SIM S.p.A.