Iep Invest Balance Sheet Health
Financial Health criteria checks 6/6
Iep Invest has a total shareholder equity of €59.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €79.9M and €20.9M respectively. Iep Invest's EBIT is €3.3M making its interest coverage ratio 9.7. It has cash and short-term investments of €32.3M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 9.7x |
| Cash | €32.27m |
| Equity | €59.04m |
| Total liabilities | €20.85m |
| Total assets | €79.90m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IEP's short term assets (€35.6M) exceed its short term liabilities (€3.4M).
Long Term Liabilities: IEP's short term assets (€35.6M) exceed its long term liabilities (€17.4M).
Debt to Equity History and Analysis
Debt Level: IEP is debt free.
Reducing Debt: IEP has no debt compared to 5 years ago when its debt to equity ratio was 35.2%.
Debt Coverage: IEP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IEP has no debt, therefore coverage of interest payments is not a concern.