Poste Italiane Balance Sheet Health
Financial Health criteria checks 4/6
Poste Italiane has a total shareholder equity of €11.0B and total debt of €10.3B, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are €271.4B and €260.4B respectively. Poste Italiane's EBIT is €2.7B making its interest coverage ratio -24.3. It has cash and short-term investments of €24.2B.
Key information
93.0%
Debt to equity ratio
€10.27b
Debt
Interest coverage ratio | -24.3x |
Cash | €24.17b |
Equity | €11.04b |
Total liabilities | €260.41b |
Total assets | €271.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PITA.F's short term assets (€47.8B) do not cover its short term liabilities (€88.6B).
Long Term Liabilities: PITA.F's short term assets (€47.8B) do not cover its long term liabilities (€171.8B).
Debt to Equity History and Analysis
Debt Level: PITA.F has more cash than its total debt.
Reducing Debt: PITA.F's debt to equity ratio has reduced from 939.2% to 93% over the past 5 years.
Debt Coverage: PITA.F's debt is well covered by operating cash flow (36%).
Interest Coverage: PITA.F earns more interest than it pays, so coverage of interest payments is not a concern.