Itron Balance Sheet Health
Financial Health criteria checks 5/6
Itron has a total shareholder equity of $1.3B and total debt of $1.2B, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are $3.3B and $2.0B respectively. Itron's EBIT is $236.4M making its interest coverage ratio -36.6. It has cash and short-term investments of $920.6M.
Key information
98.3%
Debt to equity ratio
US$1.24b
Debt
| Interest coverage ratio | -36.6x |
| Cash | US$920.64m |
| Equity | US$1.26b |
| Total liabilities | US$2.02b |
| Total assets | US$3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IT6's short term assets ($1.7B) exceed its short term liabilities ($535.2M).
Long Term Liabilities: IT6's short term assets ($1.7B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: IT6's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: IT6's debt to equity ratio has reduced from 133.4% to 98.3% over the past 5 years.
Debt Coverage: IT6's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: IT6 earns more interest than it pays, so coverage of interest payments is not a concern.