Industrie Chimiche Forestali Balance Sheet Health
Financial Health criteria checks 6/6
Industrie Chimiche Forestali has a total shareholder equity of €79.2M and total debt of €8.4M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are €119.7M and €40.6M respectively. Industrie Chimiche Forestali's EBIT is €3.0M making its interest coverage ratio 3.2. It has cash and short-term investments of €5.9M.
Key information
10.6%
Debt to equity ratio
€8.38m
Debt
| Interest coverage ratio | 3.2x |
| Cash | €5.95m |
| Equity | €79.16m |
| Total liabilities | €40.58m |
| Total assets | €119.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IG0's short term assets (€44.6M) exceed its short term liabilities (€22.9M).
Long Term Liabilities: IG0's short term assets (€44.6M) exceed its long term liabilities (€17.7M).
Debt to Equity History and Analysis
Debt Level: IG0's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: IG0's debt to equity ratio has reduced from 32.6% to 10.6% over the past 5 years.
Debt Coverage: IG0's debt is well covered by operating cash flow (63.6%).
Interest Coverage: IG0's interest payments on its debt are well covered by EBIT (3.2x coverage).