Indel B Balance Sheet Health
Financial Health criteria checks 5/6
Indel B has a total shareholder equity of €127.1M and total debt of €42.0M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are €221.9M and €94.8M respectively. Indel B's EBIT is €10.4M making its interest coverage ratio 9.4. It has cash and short-term investments of €34.4M.
Key information
33.0%
Debt to equity ratio
€41.95m
Debt
Interest coverage ratio | 9.4x |
Cash | €34.38m |
Equity | €127.10m |
Total liabilities | €94.77m |
Total assets | €221.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2I6's short term assets (€141.6M) exceed its short term liabilities (€70.1M).
Long Term Liabilities: 2I6's short term assets (€141.6M) exceed its long term liabilities (€24.6M).
Debt to Equity History and Analysis
Debt Level: 2I6's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 2I6's debt to equity ratio has increased from 30.1% to 33% over the past 5 years.
Debt Coverage: 2I6's debt is well covered by operating cash flow (79.6%).
Interest Coverage: 2I6's interest payments on its debt are well covered by EBIT (9.4x coverage).