Innovatec Balance Sheet Health
Financial Health criteria checks 1/6
Innovatec has a total shareholder equity of €51.9M and total debt of €64.2M, which brings its debt-to-equity ratio to 123.6%. Its total assets and total liabilities are €308.5M and €256.5M respectively. Innovatec's EBIT is €13.8M making its interest coverage ratio 2.4. It has cash and short-term investments of €12.3M.
Key information
123.6%
Debt to equity ratio
€64.18m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €12.25m |
| Equity | €51.94m |
| Total liabilities | €256.52m |
| Total assets | €308.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5JT's short term assets (€120.3M) do not cover its short term liabilities (€124.5M).
Long Term Liabilities: 5JT's short term assets (€120.3M) do not cover its long term liabilities (€132.0M).
Debt to Equity History and Analysis
Debt Level: 5JT's net debt to equity ratio (100%) is considered high.
Reducing Debt: 5JT's debt to equity ratio has increased from 59.1% to 123.6% over the past 5 years.
Debt Coverage: 5JT's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 5JT's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:23 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Innovatec S.p.A. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arianna Terazzi | Intesa Sanpaolo Equity Research |
| Youness Nour El Alaoui | Intesa Sanpaolo Equity Research |
| Davide Rimini | Intesa Sanpaolo Equity Research |