Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
Italy
In short"ratti S.p.a. Societa' Benefit" O IN Forma Abbreviata "ratti S.p.a. Sb" is loss-making, burns cash and carries moderate debt, with revenue growing (+4.0% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -1.8% | 11/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -2.0% | 12/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -3.0% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -1.3% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.80× | 84/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.50× | 83/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -0.87× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -0.8% | 17/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 4 | 6/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 4 | 75/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 3 | 100/100 |
| Revenue growth volatility | 4.6% | 94/100 |
| Operating margin volatility | 3.0% | 82/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 8.9% | 66/100 |
|---|---|---|
| EPS growth, 3-year average | 51.8% | 100/100 |
Weight in the score: 10%
Fiscal year 2023 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|
| Revenue | 71 | 78 | 89 | 92 |
| Operating income | 0.9 | 4 | 3.3 | (1.7) |
| Interest expense | 0.9 | 0.6 | 1.6 | 1.9 |
| Pre-tax income | 0.4 | 3.8 | 2.8 | (2.6) |
| Income tax | (0) | 0.9 | 0.2 | (0.8) |
| Net income | 0.4 | 2.9 | 2.7 | (1.8) |
| Diluted EPS | €0.02 | €0.11 | €0.10 | €0.07 |
Not computed: a required balance-sheet item is missing.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2023 · Data updated Dec 31, 2023