Ermenegildo Zegna Balance Sheet Health
Financial Health criteria checks 6/6
Ermenegildo Zegna has a total shareholder equity of €914.2M and total debt of €388.8M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are €2.8B and €1.9B respectively. Ermenegildo Zegna's EBIT is €181.2M making its interest coverage ratio 5.2. It has cash and short-term investments of €320.7M.
Key information
42.5%
Debt to equity ratio
€388.84m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €320.74m |
| Equity | €914.21m |
| Total liabilities | €1.87b |
| Total assets | €2.78b |
Recent financial health updates
We Think Ermenegildo Zegna (NYSE:ZGN) Can Stay On Top Of Its Debt
Oct 29
Is Ermenegildo Zegna (NYSE:ZGN) A Risky Investment?
Apr 28Recent updates
We Think Ermenegildo Zegna (NYSE:ZGN) Can Stay On Top Of Its Debt
Oct 29Ermenegildo Zegna: Again, This Is A Buy
Sep 17Not Many Are Piling Into Ermenegildo Zegna N.V. (NYSE:ZGN) Just Yet
Jul 25Ermenegildo Zegna (NYSE:ZGN) Is Increasing Its Dividend To €0.12
Jun 20Shareholders May Not Be So Generous With Ermenegildo Zegna N.V.'s (NYSE:ZGN) CEO Compensation And Here's Why
Jun 19Ermenegildo Zegna (NYSE:ZGN) Is Paying Out A Larger Dividend Than Last Year
Jun 01Ermenegildo Zegna: Rising Clouds Above The Luxury Oasis
May 29Is Now The Time To Put Ermenegildo Zegna (NYSE:ZGN) On Your Watchlist?
May 25Is Ermenegildo Zegna (NYSE:ZGN) A Risky Investment?
Apr 28Ermenegildo Zegna: Positive On The Medium Term Outlook
Apr 09Zegna: Outperformance Seems Priced In (Rating Downgrade)
Mar 21Are Ermenegildo Zegna N.V. (NYSE:ZGN) Investors Paying Above The Intrinsic Value?
Feb 08Zegna: Walking Through 2024 With Success And Style
Jan 02Zegna: Paving The Road To Growth
Dec 20Zegna: High-Quality Luxury At A Reasonable Price
Nov 20Crafting Excellence: Ermenegildo Zegna's Journey Towards A Luxury Brand Empire
Nov 09Zegna: Tom Ford Opportunity To Explore
Sep 16Ermenegildo Zegna: Strong Revenue Growth, Possible Margin Expansion (Rating Upgrade)
Jul 28Unveiling Ermenegildo Zegna's Competitive Edge In Fashion
Jul 05Zegna: We Reiterate Our Buy
Feb 03Ermenegildo Zegna N.V.: Too Many Unknowns
Jan 26Zegna: Positive Q3 Trajectory That Confirms Our Thesis
Nov 10Ermenegildo Zegna: Undervalued Business With Strong Brand Moat
Nov 01Ermenegildo Zegna (NYSE:ZGN) Is Doing The Right Things To Multiply Its Share Price
Oct 06Ermenegildo Zegna Non-GAAP EPS of €0.07, revenue of €728.99M
Aug 26Ermenegildo Zegna goes ex-dividend on Tuesday
Jul 01Zegna: Solid Results And A Discount Compared To Its Peers
May 17A Look At The Intrinsic Value Of Ermenegildo Zegna N.V. (NYSE:ZGN)
Mar 16Zegna: Solid Numbers Ahead Of Planned IPO
Feb 15Ermenegildo Zegna's (NYSE:ZGN) Returns On Capital Are Heading Higher
Feb 09Financial Position Analysis
Short Term Liabilities: ZGN's short term assets (€1.2B) exceed its short term liabilities (€871.5M).
Long Term Liabilities: ZGN's short term assets (€1.2B) exceed its long term liabilities (€995.6M).
Debt to Equity History and Analysis
Debt Level: ZGN's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: ZGN's debt to equity ratio has reduced from 96.6% to 42.5% over the past 5 years.
Debt Coverage: ZGN's debt is well covered by operating cash flow (74.1%).
Interest Coverage: ZGN's interest payments on its debt are well covered by EBIT (5.2x coverage).