Ascopiave Balance Sheet Health
Financial Health criteria checks 1/6
Ascopiave has a total shareholder equity of €854.3M and total debt of €438.8M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are €1.5B and €607.7M respectively. Ascopiave's EBIT is €52.4M making its interest coverage ratio 10.3. It has cash and short-term investments of €54.2M.
Key information
51.4%
Debt to equity ratio
€438.76m
Debt
| Interest coverage ratio | 10.3x |
| Cash | €54.16m |
| Equity | €854.28m |
| Total liabilities | €607.70m |
| Total assets | €1.46b |
Recent financial health updates
Ascopiave (BIT:ASC) Takes On Some Risk With Its Use Of Debt
Mar 08
Here's Why Ascopiave (BIT:ASC) Has A Meaningful Debt Burden
Sep 26Ascopiave (BIT:ASC) Seems To Use Debt Quite Sensibly
Mar 28Does Ascopiave (BIT:ASC) Have A Healthy Balance Sheet?
Nov 19Recent updates
Ascopiave's (BIT:ASC) Earnings Offer More Than Meets The Eye
Apr 07Ascopiave's (BIT:ASC) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 13Ascopiave (BIT:ASC) Takes On Some Risk With Its Use Of Debt
Mar 08Ascopiave (BIT:ASC) Is Paying Out Less In Dividends Than Last Year
Mar 11Ascopiave S.p.A.'s (BIT:ASC) Intrinsic Value Is Potentially 50% Above Its Share Price
Oct 20Here's Why Ascopiave (BIT:ASC) Has A Meaningful Debt Burden
Sep 26Need To Know: The Consensus Just Cut Its Ascopiave S.p.A. (BIT:ASC) Estimates For 2022
Aug 12Investors Could Be Concerned With Ascopiave's (BIT:ASC) Returns On Capital
Jun 14What Does Ascopiave S.p.A.'s (BIT:ASC) Share Price Indicate?
Mar 05Ascopiave (BIT:ASC) May Have Issues Allocating Its Capital
Oct 25Ascopiave (BIT:ASC) Might Be Having Difficulty Using Its Capital Effectively
Jul 20At €3.73, Is It Time To Put Ascopiave S.p.A. (BIT:ASC) On Your Watch List?
Jun 06Something To Consider Before Buying Ascopiave S.p.A. (BIT:ASC) For The 4.1% Dividend
Apr 13Ascopiave (BIT:ASC) Seems To Use Debt Quite Sensibly
Mar 28Ascopiave S.p.A. Just Beat EPS By 56%: Here's What Analysts Think Will Happen Next
Mar 14Here's What To Make Of Ascopiave's (BIT:ASC) Returns On Capital
Mar 01At €3.76, Is Ascopiave S.p.A. (BIT:ASC) Worth Looking At Closely?
Feb 15
Can Ascopiave S.p.A.'s (BIT:ASC) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Feb 02Shareholders Of Ascopiave (BIT:ASC) Must Be Happy With Their 134% Total Return
Jan 18Consider This Before Buying Ascopiave S.p.A. (BIT:ASC) For The 5.9% Dividend
Jan 03Does Ascopiave's (BIT:ASC) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 19How Much Of Ascopiave S.p.A. (BIT:ASC) Do Institutions Own?
Dec 05Does Ascopiave (BIT:ASC) Have A Healthy Balance Sheet?
Nov 19Financial Position Analysis
Short Term Liabilities: ASC's short term assets (€185.2M) do not cover its short term liabilities (€245.8M).
Long Term Liabilities: ASC's short term assets (€185.2M) do not cover its long term liabilities (€361.9M).
Debt to Equity History and Analysis
Debt Level: ASC's net debt to equity ratio (45%) is considered high.
Reducing Debt: ASC's debt to equity ratio has increased from 41.6% to 51.4% over the past 5 years.
Debt Coverage: ASC's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: ASC's interest payments on its debt are well covered by EBIT (10.3x coverage).