Azimut Holding Balance Sheet Health
Financial Health criteria checks 5/6
Azimut Holding has a total shareholder equity of €1.8B and total debt of €503.6M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are €10.7B and €8.9B respectively. Azimut Holding's EBIT is €632.2M making its interest coverage ratio 73.2. It has cash and short-term investments of €710.5M.
Key information
27.8%
Debt to equity ratio
€503.64m
Debt
| Interest coverage ratio | 73.2x |
| Cash | €710.53m |
| Equity | €1.81b |
| Total liabilities | €8.90b |
| Total assets | €10.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZIH.F's short term assets (€843.2M) exceed its short term liabilities (€596.9M).
Long Term Liabilities: AZIH.F's short term assets (€843.2M) do not cover its long term liabilities (€8.3B).
Debt to Equity History and Analysis
Debt Level: AZIH.F has more cash than its total debt.
Reducing Debt: AZIH.F's debt to equity ratio has reduced from 82.2% to 27.8% over the past 5 years.
Debt Coverage: AZIH.F's debt is well covered by operating cash flow (106.6%).
Interest Coverage: AZIH.F's interest payments on its debt are well covered by EBIT (73.2x coverage).