Iniziative Bresciane Balance Sheet Health
Financial Health criteria checks 1/6
Iniziative Bresciane has a total shareholder equity of €74.3M and total debt of €109.6M, which brings its debt-to-equity ratio to 147.4%. Its total assets and total liabilities are €209.6M and €135.2M respectively. Iniziative Bresciane's EBIT is €9.6M making its interest coverage ratio 2.3. It has cash and short-term investments of €4.9M.
Key information
147.4%
Debt to equity ratio
€109.56m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €4.86m |
| Equity | €74.34m |
| Total liabilities | €135.24m |
| Total assets | €209.58m |
Recent financial health updates
Recent updates
This Analyst Just Downgraded Their Iniziative Bresciane S.p.A. (BIT:IB) EPS Forecasts
Oct 28
Is Iniziative Bresciane (BIT:IB) Using Too Much Debt?
May 08An Intrinsic Calculation For Iniziative Bresciane S.p.A. (BIT:IB) Suggests It's 21% Undervalued
Mar 08Did Iniziative Bresciane S.p.A. (BIT:IB) Use Debt To Deliver Its ROE Of 9.8%?
Feb 09
A Look At Iniziative Bresciane's (BIT:IB) Share Price Returns
Jan 04Is There More To The Story Than Iniziative Bresciane's (BIT:IB) Earnings Growth?
Dec 08Financial Position Analysis
Short Term Liabilities: IB's short term assets (€21.0M) do not cover its short term liabilities (€51.0M).
Long Term Liabilities: IB's short term assets (€21.0M) do not cover its long term liabilities (€84.3M).
Debt to Equity History and Analysis
Debt Level: IB's net debt to equity ratio (140.8%) is considered high.
Reducing Debt: IB's debt to equity ratio has reduced from 172.5% to 147.4% over the past 5 years.
Debt Coverage: IB's debt is not well covered by operating cash flow (17%).
Interest Coverage: IB's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:23 |
| End of Day Share Price | 2024/12/23 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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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
Iniziative Bresciane S.p.A. is covered by 3 analysts. 1 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 |
|---|---|
| Roberto Letizia | Equita SIM S.p.A. |
| Alberto Francese | Intesa Sanpaolo Equity Research |
| Davide Rimini | Intesa Sanpaolo Equity Research |