Is Piaggio & C. SpA financially healthy?
Not really
Piaggio & C. SpA earns only 2.1 times its interest bill, which leaves little room.
The numbers behind it
Net debt / EBITDA2.3 years
Cash vs. debt€121M vs. €699M
Current ratio0.7×Short-term assets for each €1 of bills due within a year
Interest coverage2.1×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 Piaggio & C. SpA
Data as of Nov 13, 2026.