Safilo Group Balance Sheet Health
Financial Health criteria checks 6/6
Safilo Group has a total shareholder equity of €424.1M and total debt of €104.2M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are €855.7M and €431.6M respectively. Safilo Group's EBIT is €45.3M making its interest coverage ratio 4.7. It has cash and short-term investments of €41.6M.
Key information
24.6%
Debt to equity ratio
€104.17m
Debt
| Interest coverage ratio | 4.7x |
| Cash | €41.62m |
| Equity | €424.10m |
| Total liabilities | €431.61m |
| Total assets | €855.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAFL.Y's short term assets (€527.1M) exceed its short term liabilities (€278.9M).
Long Term Liabilities: SAFL.Y's short term assets (€527.1M) exceed its long term liabilities (€152.7M).
Debt to Equity History and Analysis
Debt Level: SAFL.Y's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: SAFL.Y's debt to equity ratio has reduced from 27.2% to 24.6% over the past 5 years.
Debt Coverage: SAFL.Y's debt is well covered by operating cash flow (51.8%).
Interest Coverage: SAFL.Y's interest payments on its debt are well covered by EBIT (4.7x coverage).