Itesoft Balance Sheet Health
Financial Health criteria checks 6/6
Itesoft has a total shareholder equity of €7.5M and total debt of €4.2M, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are €28.4M and €20.9M respectively. Itesoft's EBIT is €1.1M making its interest coverage ratio 26.3. It has cash and short-term investments of €8.7M.
Key information
55.9%
Debt to equity ratio
€4.18m
Debt
Interest coverage ratio | 26.3x |
Cash | €8.69m |
Equity | €7.48m |
Total liabilities | €20.93m |
Total assets | €28.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IE5's short term assets (€16.3M) exceed its short term liabilities (€15.7M).
Long Term Liabilities: IE5's short term assets (€16.3M) exceed its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: IE5 has more cash than its total debt.
Reducing Debt: IE5's debt to equity ratio has reduced from 63.5% to 55.9% over the past 5 years.
Debt Coverage: IE5's debt is well covered by operating cash flow (73.9%).
Interest Coverage: IE5's interest payments on its debt are well covered by EBIT (26.3x coverage).