Itron Balance Sheet Health
Financial Health criteria checks 5/6
Itron has a total shareholder equity of $1.4B and total debt of $1.2B, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are $3.4B and $2.0B respectively. Itron's EBIT is $255.9M making its interest coverage ratio -18.2. It has cash and short-term investments of $982.5M.
Key information
90.7%
Debt to equity ratio
US$1.24b
Debt
| Interest coverage ratio | -18.2x |
| Cash | US$982.51m |
| Equity | US$1.37b |
| Total liabilities | US$2.00b |
| Total assets | US$3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IT6's short term assets ($1.8B) exceed its short term liabilities ($521.5M).
Long Term Liabilities: IT6's short term assets ($1.8B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: IT6's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: IT6's debt to equity ratio has reduced from 127.2% to 90.7% over the past 5 years.
Debt Coverage: IT6's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: IT6 earns more interest than it pays, so coverage of interest payments is not a concern.