Ion Beam Applications Balance Sheet Health
Financial Health criteria checks 4/6
Ion Beam Applications has a total shareholder equity of €106.2M and total debt of €13.6M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are €597.5M and €491.3M respectively. Ion Beam Applications's EBIT is €7.5M making its interest coverage ratio -23.1. It has cash and short-term investments of €109.6M.
Key information
12.8%
Debt to equity ratio
€13.58m
Debt
Interest coverage ratio | -23.1x |
Cash | €109.62m |
Equity | €106.21m |
Total liabilities | €491.32m |
Total assets | €597.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOB's short term assets (€452.0M) do not cover its short term liabilities (€452.6M).
Long Term Liabilities: IOB's short term assets (€452.0M) exceed its long term liabilities (€38.7M).
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 69.8% to 12.8% 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.