Infortar Balance Sheet Health
Financial Health criteria checks 2/6
Infortar has a total shareholder equity of €1.2B and total debt of €912.5M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are €2.5B and €1.3B respectively. Infortar's EBIT is €119.7M making its interest coverage ratio -2.7. It has cash and short-term investments of €95.9M.
Key information
74.6%
Debt to equity ratio
€912.46m
Debt
| Interest coverage ratio | -2.7x |
| Cash | €95.86m |
| Equity | €1.22b |
| Total liabilities | €1.27b |
| Total assets | €2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X8K's short term assets (€476.6M) do not cover its short term liabilities (€479.5M).
Long Term Liabilities: X8K's short term assets (€476.6M) do not cover its long term liabilities (€794.8M).
Debt to Equity History and Analysis
Debt Level: X8K's net debt to equity ratio (66.8%) is considered high.
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 (23.5%).
Interest Coverage: X8K earns more interest than it pays, so coverage of interest payments is not a concern.