Industrie De Nora Balance Sheet Health
Financial Health criteria checks 6/6
Industrie De Nora has a total shareholder equity of €908.0M and total debt of €132.2M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are €1.3B and €423.8M respectively. Industrie De Nora's EBIT is €124.3M making its interest coverage ratio 83.4. It has cash and short-term investments of €181.6M.
Key information
14.6%
Debt to equity ratio
€132.16m
Debt
| Interest coverage ratio | 83.4x |
| Cash | €181.59m |
| Equity | €908.00m |
| Total liabilities | €423.77m |
| Total assets | €1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3D's short term assets (€684.5M) exceed its short term liabilities (€248.6M).
Long Term Liabilities: M3D's short term assets (€684.5M) exceed its long term liabilities (€175.2M).
Debt to Equity History and Analysis
Debt Level: M3D has more cash than its total debt.
Reducing Debt: M3D's debt to equity ratio has reduced from 83.1% to 14.6% over the past 5 years.
Debt Coverage: M3D's debt is well covered by operating cash flow (109.9%).
Interest Coverage: M3D's interest payments on its debt are well covered by EBIT (83.4x coverage).