Industria de Diseño Textil Balance Sheet Health
Financial Health criteria checks 6/6
Industria de Diseño Textil has a total shareholder equity of €18.7B and total debt of €15.0M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are €32.7B and €14.1B respectively. Industria de Diseño Textil's EBIT is €6.9B making its interest coverage ratio -62.9. It has cash and short-term investments of €11.4B.
Key information
0.08%
Debt to equity ratio
€15.00m
Debt
Interest coverage ratio | -62.9x |
Cash | €11.42b |
Equity | €18.67b |
Total liabilities | €14.06b |
Total assets | €32.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITX's short term assets (€16.0B) exceed its short term liabilities (€8.9B).
Long Term Liabilities: ITX's short term assets (€16.0B) exceed its long term liabilities (€5.1B).
Debt to Equity History and Analysis
Debt Level: ITX has more cash than its total debt.
Reducing Debt: ITX's debt to equity ratio has reduced from 0.6% to 0.08% over the past 5 years.
Debt Coverage: ITX's debt is well covered by operating cash flow (57780%).
Interest Coverage: ITX earns more interest than it pays, so coverage of interest payments is not a concern.