ID Logistics Group Balance Sheet Health
Financial Health criteria checks 1/6
ID Logistics Group has a total shareholder equity of €413.6M and total debt of €523.8M, which brings its debt-to-equity ratio to 126.6%. Its total assets and total liabilities are €2.6B and €2.2B respectively. ID Logistics Group's EBIT is €119.8M making its interest coverage ratio 2.2. It has cash and short-term investments of €244.3M.
Key information
126.6%
Debt to equity ratio
€523.76m
Debt
Interest coverage ratio | 2.2x |
Cash | €244.32m |
Equity | €413.57m |
Total liabilities | €2.18b |
Total assets | €2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1ID's short term assets (€913.2M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: 1ID's short term assets (€913.2M) do not cover its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: 1ID's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: 1ID's debt to equity ratio has increased from 89% to 126.6% over the past 5 years.
Debt Coverage: 1ID's debt is well covered by operating cash flow (82.1%).
Interest Coverage: 1ID's interest payments on its debt are not well covered by EBIT (2.2x coverage).