Davide Campari-Milano Balance Sheet Health
Financial Health criteria checks 2/6
Davide Campari-Milano has a total shareholder equity of €2.9B and total debt of €2.5B, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are €6.7B and €3.7B respectively. Davide Campari-Milano's EBIT is €597.4M making its interest coverage ratio 12.8. It has cash and short-term investments of €634.2M.
Key information
85.6%
Debt to equity ratio
€2.51b
Debt
Interest coverage ratio | 12.8x |
Cash | €634.20m |
Equity | €2.93b |
Total liabilities | €3.75b |
Total assets | €6.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVCM.Y's short term assets (€2.4B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: DVCM.Y's short term assets (€2.4B) do not cover its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: DVCM.Y's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: DVCM.Y's debt to equity ratio has increased from 73.2% to 85.6% over the past 5 years.
Debt Coverage: DVCM.Y's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: DVCM.Y's interest payments on its debt are well covered by EBIT (12.8x coverage).