Ion Beam Applications Balance Sheet Health
Financial Health criteria checks 4/6
Ion Beam Applications has a total shareholder equity of €90.3M and total debt of €32.4M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are €596.2M and €505.9M respectively. Ion Beam Applications's EBIT is €25.3M making its interest coverage ratio -14.7. It has cash and short-term investments of €60.4M.
Key information
35.9%
Debt to equity ratio
€32.44m
Debt
| Interest coverage ratio | -14.7x |
| Cash | €60.44m |
| Equity | €90.28m |
| Total liabilities | €505.87m |
| Total assets | €596.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOB's short term assets (€449.2M) do not cover its short term liabilities (€467.1M).
Long Term Liabilities: IOB's short term assets (€449.2M) exceed its long term liabilities (€38.8M).
Debt to Equity History and Analysis
Debt Level: IOB has more cash than its total debt.
Reducing Debt: IOB's debt to equity ratio has reduced from 66.1% to 35.9% over the past 5 years.
Debt Coverage: IOB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IOB earns more interest than it pays, so coverage of interest payments is not a concern.