Italmobiliare Balance Sheet Health
Financial Health criteria checks 4/6
Italmobiliare has a total shareholder equity of €1.7B and total debt of €278.7M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are €2.2B and €547.7M respectively. Italmobiliare's EBIT is €84.1M making its interest coverage ratio 2.7. It has cash and short-term investments of €293.0M.
Key information
16.5%
Debt to equity ratio
€278.69m
Debt
Interest coverage ratio | 2.7x |
Cash | €293.00m |
Equity | €1.69b |
Total liabilities | €547.74m |
Total assets | €2.24b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITM1's short term assets (€726.5M) exceed its short term liabilities (€310.5M).
Long Term Liabilities: ITM1's short term assets (€726.5M) exceed its long term liabilities (€237.3M).
Debt to Equity History and Analysis
Debt Level: ITM1 has more cash than its total debt.
Reducing Debt: ITM1's debt to equity ratio has increased from 14.2% to 16.5% over the past 5 years.
Debt Coverage: ITM1's debt is well covered by operating cash flow (25.6%).
Interest Coverage: ITM1's interest payments on its debt are not well covered by EBIT (2.7x coverage).