Itron Balance Sheet Health
Financial Health criteria checks 6/6
Itron has a total shareholder equity of $1.4B and total debt of $455.4M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are $2.7B and $1.3B respectively. Itron's EBIT is $207.9M making its interest coverage ratio -65.9. It has cash and short-term investments of $300.6M.
Key information
32.9%
Debt to equity ratio
US$455.40m
Debt
Interest coverage ratio | -65.9x |
Cash | US$300.61m |
Equity | US$1.39b |
Total liabilities | US$1.29b |
Total assets | US$2.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IT6's short term assets ($1.1B) exceed its short term liabilities ($578.3M).
Long Term Liabilities: IT6's short term assets ($1.1B) exceed its long term liabilities ($712.9M).
Debt to Equity History and Analysis
Debt Level: IT6's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: IT6's debt to equity ratio has reduced from 137.1% to 32.9% over the past 5 years.
Debt Coverage: IT6's debt is well covered by operating cash flow (36.2%).
Interest Coverage: IT6 earns more interest than it pays, so coverage of interest payments is not a concern.