Industria de Diseño Textil Balance Sheet Health
Financial Health criteria checks 6/6
Industria de Diseño Textil has a total shareholder equity of €16.5B and total debt of €17.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are €33.3B and €16.7B respectively. Industria de Diseño Textil's EBIT is €7.3B making its interest coverage ratio -55.4. It has cash and short-term investments of €10.9B.
Key information
0.1%
Debt to equity ratio
€17.00m
Debt
| Interest coverage ratio | -55.4x |
| Cash | €10.93b |
| Equity | €16.55b |
| Total liabilities | €16.71b |
| Total assets | €33.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITX's short term assets (€16.1B) exceed its short term liabilities (€11.9B).
Long Term Liabilities: ITX's short term assets (€16.1B) exceed its long term liabilities (€4.8B).
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 0.1% over the past 5 years.
Debt Coverage: ITX's debt is well covered by operating cash flow (51105.9%).
Interest Coverage: ITX earns more interest than it pays, so coverage of interest payments is not a concern.