Itway Balance Sheet Health
Financial Health criteria checks 4/6
Itway has a total shareholder equity of €12.8M and total debt of €5.6M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are €34.8M and €22.0M respectively.
Key information
43.6%
Debt to equity ratio
€5.59m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.36m |
| Equity | €12.80m |
| Total liabilities | €21.97m |
| Total assets | €34.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IW3's short term assets (€18.8M) exceed its short term liabilities (€16.3M).
Long Term Liabilities: IW3's short term assets (€18.8M) exceed its long term liabilities (€5.7M).
Debt to Equity History and Analysis
Debt Level: IW3's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: IW3's debt to equity ratio has reduced from 119.5% to 43.6% over the past 5 years.
Debt Coverage: IW3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IW3's interest payments on its debt are well covered by EBIT.