Is Ascopiave financially healthy?
Not really
Ascopiave carries heavy debt: it would take 3.3 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA3.3 years
Cash vs. debt€35M vs. €625M
Current ratio0.8×Short-term assets for each €1 of bills due within a year
Interest coverage9.2×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Ascopiave
Data as of Nov 13, 2026.