Infortar Balance Sheet Health
Financial Health criteria checks 4/6
Infortar has a total shareholder equity of €820.2M and total debt of €430.7M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are €1.5B and €640.3M respectively. Infortar's EBIT is €127.7M making its interest coverage ratio 6.4. It has cash and short-term investments of €87.1M.
Key information
52.5%
Debt to equity ratio
€430.67m
Debt
Interest coverage ratio | 6.4x |
Cash | €87.12m |
Equity | €820.21m |
Total liabilities | €640.30m |
Total assets | €1.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INF1T's short term assets (€455.9M) exceed its short term liabilities (€312.7M).
Long Term Liabilities: INF1T's short term assets (€455.9M) exceed its long term liabilities (€327.6M).
Debt to Equity History and Analysis
Debt Level: INF1T's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: Insufficient data to determine if INF1T's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: INF1T's debt is well covered by operating cash flow (44.1%).
Interest Coverage: INF1T's interest payments on its debt are well covered by EBIT (6.4x coverage).