Infortar Balance Sheet Health
Financial Health criteria checks 5/6
Infortar has a total shareholder equity of €852.7M and total debt of €365.1M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are €1.4B and €546.8M respectively. Infortar's EBIT is €145.5M making its interest coverage ratio 6.6. It has cash and short-term investments of €179.5M.
Key information
42.8%
Debt to equity ratio
€365.07m
Debt
Interest coverage ratio | 6.6x |
Cash | €179.53m |
Equity | €852.69m |
Total liabilities | €546.77m |
Total assets | €1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X8K's short term assets (€393.9M) exceed its short term liabilities (€217.9M).
Long Term Liabilities: X8K's short term assets (€393.9M) exceed its long term liabilities (€328.9M).
Debt to Equity History and Analysis
Debt Level: X8K's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if X8K's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: X8K's debt is well covered by operating cash flow (33.1%).
Interest Coverage: X8K's interest payments on its debt are well covered by EBIT (6.6x coverage).