IBU-tec advanced materials Balance Sheet Health
Financial Health criteria checks 5/6
IBU-tec advanced materials has a total shareholder equity of €56.7M and total debt of €8.5M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are €75.9M and €19.1M respectively.
Key information
14.9%
Debt to equity ratio
€8.48m
Debt
Interest coverage ratio | n/a |
Cash | €379.75k |
Equity | €56.71m |
Total liabilities | €19.14m |
Total assets | €75.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBU's short term assets (€30.6M) exceed its short term liabilities (€10.4M).
Long Term Liabilities: IBU's short term assets (€30.6M) exceed its long term liabilities (€8.8M).
Debt to Equity History and Analysis
Debt Level: IBU's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: IBU's debt to equity ratio has reduced from 35.7% to 14.9% over the past 5 years.
Debt Coverage: IBU's debt is well covered by operating cash flow (28.5%).
Interest Coverage: Insufficient data to determine if IBU's interest payments on its debt are well covered by EBIT.