Seco Balance Sheet Health
Financial Health criteria checks 5/6
Seco has a total shareholder equity of €312.5M and total debt of €129.2M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are €538.5M and €226.0M respectively. Seco's EBIT is €23.6M making its interest coverage ratio 5.7. It has cash and short-term investments of €74.8M.
Key information
41.3%
Debt to equity ratio
€129.17m
Debt
| Interest coverage ratio | 5.7x |
| Cash | €74.82m |
| Equity | €312.50m |
| Total liabilities | €226.00m |
| Total assets | €538.50m |
Recent financial health updates
No updates
Recent updates
Seco (BIT:IOT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 06
Analysts Are More Bearish On Seco S.p.A. (BIT:IOT) Than They Used To Be
Nov 22There Are Reasons To Feel Uneasy About Seco's (BIT:IOT) Returns On Capital
Nov 03Estimating The Intrinsic Value Of Seco S.p.A. (BIT:IOT)
Sep 01What Is Seco S.p.A.'s (BIT:IOT) Share Price Doing?
Jul 12Seco S.p.A.'s (BIT:IOT) Earnings Haven't Escaped The Attention Of Investors
May 27Seco (BIT:IOT) May Have Issues Allocating Its Capital
Dec 21Seco S.p.A. (BIT:IOT) Shares Could Be 25% Above Their Intrinsic Value Estimate
Sep 07Be Wary Of Seco (BIT:IOT) And Its Returns On Capital
May 31We Think SECO's (BIT:IOT) Healthy Earnings Might Be Conservative
Apr 08Financial Position Analysis
Short Term Liabilities: IOT's short term assets (€223.7M) exceed its short term liabilities (€81.8M).
Long Term Liabilities: IOT's short term assets (€223.7M) exceed its long term liabilities (€144.2M).
Debt to Equity History and Analysis
Debt Level: IOT's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: IOT's debt to equity ratio has reduced from 59.9% to 41.3% over the past 5 years.
Debt Coverage: IOT's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: IOT's interest payments on its debt are well covered by EBIT (5.7x coverage).