Natuzzi S.p.A. (NTZ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|
| Total Current Assets | 139.5M | 143.43M | 140.4M | 146.6M | 152.6M | 149.73M | 159M | 162.8M | 171.3M | 191M | 211.2M | 215.2M | 212M | 200.4M | 190.6M | 197.5M | 201.3M | 172.1M | 153.7M | 136.4M |
| Cash & Short-Term Investments | 22.5M | 20.32M | 17.1M | 28.2M | 26.4M | 33.61M | 34.7M | 43M | 42.7M | 54.48M | 51.3M | 58.6M | 50.1M | 53.47M | 52.4M | 55.1M | 54.1M | 48.19M | 37.7M | 31.1M |
| Cash Only | 22.5M | 20.32M | 17.1M | 28.2M | 26.4M | 33.61M | 34.7M | 43M | 42.7M | 54.48M | 51.3M | 58.6M | 50.1M | 53.47M | 52.4M | 55.1M | 54.1M | 48.19M | 37.7M | 31.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 46.43M | 0 | 0 | 0 | 48.52M | 0 | 0 | 0 | 57.53M | 0 | 0 | 0 | 54.31M | 0 | 0 | 0 | 33.93M | 0 | 0 |
| Days Sales Outstanding | - | 57.03 | - | - | - | 53.07 | - | - | - | 45.44 | - | - | - | 43.23 | - | - | - | 31.24 | - | - |
| Inventory | 0 | 62.81M | 0 | 0 | 0 | 62.09M | 0 | 0 | 0 | 70.12M | 0 | 0 | 0 | 80.21M | 0 | 0 | 0 | 63.91M | 0 | 0 |
| Days Inventory Outstanding | - | 124.56 | - | - | - | 97.2 | - | - | - | 86.28 | - | - | - | 97.58 | - | - | - | 84.3 | - | - |
| Other Current Assets | 117M | 13.86M | 123.3M | 118.4M | 126.2M | 20.73M | 124.3M | 119.8M | 128.6M | 27.37M | 159.9M | 156.6M | 161.9M | 25.45M | 138.2M | 142.4M | 147.2M | 37.11M | 116M | 105.3M |
| Total Non-Current Assets | 174.1M | 175.6M | 176M | 190.2M | 186.3M | 188.62M | 180.3M | 180M | 180M | 177.6M | 187.5M | 182.9M | 188.4M | 189.6M | 177M | 179.8M | 181.9M | 183.9M | 189.2M | 197.9M |
| Property, Plant & Equipment | 0 | 118.57M | 0 | 0 | 0 | 134.96M | 0 | 0 | 0 | 127.26M | 0 | 0 | 0 | 133.81M | 0 | 0 | 0 | 134.32M | 0 | 0 |
| Fixed Asset Turnover | - | 0.63x | - | - | - | 0.62x | - | - | - | 0.92x | - | - | - | 0.86x | - | - | - | 0.74x | - | - |
| Goodwill | 0 | 1.92M | 0 | 0 | 0 | 1.92M | 0 | 0 | 0 | 1.92M | 0 | 0 | 0 | 1.92M | 0 | 0 | 0 | 1.92M | 0 | 0 |
| Intangible Assets | 0 | 4.71M | 0 | 0 | 0 | 2.24M | 0 | 0 | 0 | 2.33M | 0 | 0 | 0 | 2.23M | 0 | 0 | 0 | 1.84M | 0 | 0 |
| Long-Term Investments | 0 | 40.88M | 0 | 0 | 0 | 39.83M | 0 | 0 | 0 | 37.7M | 0 | 0 | 0 | 44.52M | 0 | 0 | 0 | 40.09M | 0 | 0 |
| Other Non-Current Assets | 174.1M | 7.87M | 176M | 190.2M | 186.3M | 8M | 180.3M | 180M | 180M | 7.36M | 187.5M | 182.9M | 188.4M | 6.24M | 177M | 179.8M | 181.9M | 5.2M | 189.2M | 197.9M |
| Total Assets | 313.6M | 319.02M | 316.4M | 336.9M | 338.9M | 338.35M | 339.2M | 342.8M | 351.3M | 368.6M | 398.6M | 398.1M | 400.4M | 390M | 367.5M | 377.2M | 383.2M | 356M | 342.9M | 334.3M |
| Asset Turnover | 0.25x | 0.24x | 0.23x | 0.25x | 0.25x | 0.25x | 0.22x | 0.24x | 0.24x | 0.30x | 0.29x | 0.29x | 0.30x | 0.31x | 0.27x | 0.29x | 0.27x | 0.29x | 0.25x | 0.18x |
| Asset Growth % | -7.47% | -5.71% | -6.72% | -1.72% | -3.53% | -8.21% | -14.9% | -13.89% | -12.26% | -5.49% | 8.46% | 5.54% | 4.49% | 9.55% | 7.17% | 12.83% | 10.24% | -3.63% | -7.35% | -15.37% |
| Total Current Liabilities | 159.3M | 158.35M | 149.5M | 156.5M | 155.2M | 154.66M | 153.3M | 156.7M | 163.6M | 180.8M | 195.4M | 202.9M | 202.4M | 198.7M | 184.8M | 190.9M | 194.8M | 176.66M | 149.1M | 137.8M |
| Accounts Payable | 0 | 52.14M | 0 | 0 | 0 | 60.89M | 0 | 0 | 0 | 78.4M | 0 | 0 | 0 | 89.22M | 0 | 0 | 0 | 74.26M | 0 | 0 |
| Days Payables Outstanding | - | 103.4 | - | - | - | 95.33 | - | - | - | 96.47 | - | - | - | 108.53 | - | - | - | 97.96 | - | - |
| Short-Term Debt | 0 | 27.86M | 3.5M | 4.5M | 0 | 28.03M | 0 | 0 | 0 | 35.06M | 0 | 0 | 0 | 40.01M | 0 | 0 | 0 | 37.94M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 27.65M | 0 | 0 | 0 | 21.88M | 0 | 0 | 0 | 20.94M | 0 | 0 | 0 | 26.49M | 0 | 0 | 0 | 22.82M | 0 | 0 |
| Other Current Liabilities | 159.3M | 2.13M | 146M | 152M | 155.2M | 13.8M | 153.3M | 156.7M | 163.6M | 9.73M | 195.4M | 202.9M | 202.4M | 14.15M | 184.8M | 190.9M | 194.8M | 16.63M | 149.1M | 137.8M |
| Current Ratio | 0.88x | 0.91x | 0.94x | 0.94x | 0.98x | 0.97x | 1.04x | 1.04x | 1.05x | 1.06x | 1.08x | 1.06x | 1.05x | 1.01x | 1.03x | 1.03x | 1.03x | 0.97x | 1.03x | 0.99x |
| Quick Ratio | 0.88x | 0.51x | 0.94x | 0.94x | 0.98x | 0.57x | 1.04x | 1.04x | 1.05x | 0.67x | 1.08x | 1.06x | 1.05x | 0.60x | 1.03x | 1.03x | 1.03x | 0.61x | 1.03x | 0.99x |
| Cash Conversion Cycle | - | 78.19 | - | - | - | 54.95 | - | - | - | 35.25 | - | - | - | 32.28 | - | - | - | 17.58 | - | - |
| Total Non-Current Liabilities | 101M | 102.47M | 106.2M | 111.3M | 111.8M | 110.4M | 100.9M | 99.9M | 99.7M | 95.2M | 100.2M | 100.6M | 106.5M | 107.5M | 100.6M | 102M | 104.2M | 103.97M | 113.5M | 110.1M |
| Long-Term Debt | 0 | 14.19M | 0 | 0 | 0 | 12.15M | 0 | 0 | 0 | 11.48M | 0 | 0 | 0 | 13.58M | 0 | 0 | 0 | 9.3M | 0 | 0 |
| Capital Lease Obligations | 0 | 47.4M | 0 | 0 | 0 | 52.91M | 0 | 0 | 0 | 41.02M | 0 | 0 | 0 | 46.59M | 0 | 0 | 0 | 43.14M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 998K | 0 | 0 | 0 | 996K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.02M | 0 | 0 |
| Other Non-Current Liabilities | 101M | 22.06M | 106.2M | 111.3M | 111.8M | 24.4M | 100.9M | 99.9M | 99.7M | 42.69M | 100.2M | 100.6M | 106.5M | 47.33M | 100.6M | 102M | 104.2M | 30.02M | 113.5M | 110.1M |
| Total Liabilities | 260.3M | 260.82M | 255.7M | 267.8M | 267M | 265.06M | 254.2M | 256.6M | 263.3M | 276M | 295.6M | 303.5M | 308.9M | 306.2M | 285.4M | 292.9M | 299M | 280.7M | 262.6M | 247.9M |
| Total Debt | 0 | 99.8M | 3.5M | 4.5M | 0 | 102.51M | 0 | 0 | 0 | 98.39M | 0 | 0 | 0 | 110.72M | 0 | 0 | 0 | 100.83M | 0 | 0 |
| Net Debt | -22.5M | 79.47M | -13.6M | -23.7M | -26.4M | 68.9M | -34.7M | -43M | -42.7M | 43.92M | -51.3M | -58.6M | -50.1M | 57.25M | -52.4M | -55.1M | -54.1M | 52.64M | -37.7M | -31.1M |
| Debt / Equity | - | 1.71x | 0.06x | 0.07x | - | 1.40x | - | - | - | 1.06x | - | - | - | 1.32x | - | - | - | 1.34x | - | - |
| Debt / EBITDA | - | 32.20x | 2.88x | 0.92x | - | - | - | - | - | 17.23x | - | - | - | 17.22x | - | - | - | 339.50x | - | - |
| Net Debt / EBITDA | - | 25.64x | -11.19x | -4.82x | -4.51x | - | -7.74x | -13.44x | -9.43x | 7.69x | -5.36x | -8.89x | -7.29x | 8.91x | -10.74x | -22.04x | -6.20x | 177.25x | - | - |
| Interest Coverage | -0.77x | -5.82x | -1.96x | 0.08x | 0.31x | -3.65x | -0.26x | 0.04x | -0.52x | -1.59x | 4.14x | 0.75x | 2.00x | 1.71x | -0.21x | 1.47x | 5.19x | 0.10x | -0.82x | -5.36x |
| Total Equity | 53.3M | 58.21M | 60.7M | 69.1M | 71.9M | 73.29M | 85M | 86.2M | 88M | 92.6M | 103M | 94.6M | 91.5M | 83.8M | 82.1M | 84.3M | 84.2M | 75.3M | 80.3M | 86.4M |
| Equity Growth % | -25.87% | -20.58% | -28.59% | -19.84% | -18.3% | -20.86% | -17.48% | -8.88% | -3.83% | 10.5% | 25.46% | 12.22% | 8.67% | 11.29% | 2.24% | -2.43% | -12.66% | -28.15% | -29.06% | -30.32% |
| Book Value per Share | 4.84 | 5.28 | 5.51 | 6.27 | 6.53 | 6.65 | 7.72 | 7.83 | 7.99 | 8.41 | 9.54 | 9.46 | 9.15 | 7.64 | 7.98 | 7.68 | 7.59 | 6.86 | 7.30 | 7.88 |
| Total Shareholders' Equity | 49M | 54.01M | 56.1M | 64.5M | 67.5M | 68.94M | 80.5M | 81.8M | 83.4M | 87.9M | 98M | 90.4M | 87.9M | 82.3M | 80.5M | 83M | 83.2M | 74.3M | 79.9M | 85.4M |
| Common Stock | 49M | 55.07M | 56.1M | 64.5M | 67.5M | 55.07M | 80.5M | 81.8M | 83.4M | 55.07M | 98M | 90.4M | 87.9M | 54.85M | 80.5M | 83M | 83.2M | 54.85M | 79.9M | 85.4M |
| Retained Earnings | 0 | -21.73M | 0 | 0 | 0 | -6.58M | 0 | 0 | 0 | 9.49M | 0 | 0 | 0 | 10.03M | 0 | 0 | 0 | 6.45M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 20.66M | 0 | 0 | 0 | 20.45M | 0 | 0 | 0 | 23.29M | 0 | 0 | 0 | 17.45M | 0 | 0 | 0 | 13.04M | 0 | 0 |
| Minority Interest | 4.3M | 4.2M | 4.6M | 4.6M | 4.4M | 4.34M | 4.5M | 4.4M | 4.6M | 4.7M | 5M | 4.2M | 3.6M | 1.5M | 1.6M | 1.3M | 1M | 1M | 400K | 1M |