Itafos Balance Sheet Health
Financial Health criteria checks 6/6
Itafos has a total shareholder equity of $300.0M and total debt of $66.5M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are $604.2M and $304.2M respectively. Itafos's EBIT is $87.0M making its interest coverage ratio 8.7. It has cash and short-term investments of $59.1M.
Key information
22.2%
Debt to equity ratio
US$66.55m
Debt
| Interest coverage ratio | 8.7x |
| Cash | US$59.11m |
| Equity | US$299.96m |
| Total liabilities | US$304.24m |
| Total assets | US$604.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 82E's short term assets ($206.5M) exceed its short term liabilities ($111.2M).
Long Term Liabilities: 82E's short term assets ($206.5M) exceed its long term liabilities ($193.1M).
Debt to Equity History and Analysis
Debt Level: 82E's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 82E's debt to equity ratio has reduced from 73.4% to 22.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 82E has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 82E is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.1% per year.