Irish Continental Group Balance Sheet Health
Financial Health criteria checks 3/6
Irish Continental Group has a total shareholder equity of €249.7M and total debt of €123.1M, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are €511.9M and €262.2M respectively.
Key information
49.3%
Debt to equity ratio
€123.10m
Debt
Interest coverage ratio | n/a |
Cash | €38.50m |
Equity | €249.70m |
Total liabilities | €262.20m |
Total assets | €511.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IR5B's short term assets (€104.2M) do not cover its short term liabilities (€106.0M).
Long Term Liabilities: IR5B's short term assets (€104.2M) do not cover its long term liabilities (€156.2M).
Debt to Equity History and Analysis
Debt Level: IR5B's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: IR5B's debt to equity ratio has reduced from 53.5% to 49.3% over the past 5 years.
Debt Coverage: IR5B's debt is well covered by operating cash flow (46.1%).
Interest Coverage: Insufficient data to determine if IR5B's interest payments on its debt are well covered by EBIT.