izertis Balance Sheet Health
Financial Health criteria checks 4/6
izertis has a total shareholder equity of €58.3M and total debt of €61.9M, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are €159.4M and €101.1M respectively. izertis's EBIT is €7.1M making its interest coverage ratio 2.3. It has cash and short-term investments of €26.8M.
Key information
106.3%
Debt to equity ratio
€61.90m
Debt
Interest coverage ratio | 2.3x |
Cash | €26.79m |
Equity | €58.26m |
Total liabilities | €101.15m |
Total assets | €159.40m |
Recent financial health updates
Recent updates
Investors Shouldn't Be Too Comfortable With izertis' (BME:IZER) Robust Earnings
Apr 19What Type Of Shareholders Make Up izertis, S.A.'s (BME:IZER) Share Registry?
Mar 19izertis, S.A. (BME:IZER) Delivered A Weaker ROE Than Its Industry
Feb 12The izertis (BME:IZER) Share Price Is Up 131% And Shareholders Are Boasting About It
Jan 08Is izertis (BME:IZER) Using Too Much Debt?
Dec 13Here's What To Make Of izertis' (BME:IZER) Returns On Capital
Nov 24Financial Position Analysis
Short Term Liabilities: IZER's short term assets (€56.9M) exceed its short term liabilities (€47.6M).
Long Term Liabilities: IZER's short term assets (€56.9M) exceed its long term liabilities (€53.6M).
Debt to Equity History and Analysis
Debt Level: IZER's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: IZER's debt to equity ratio has reduced from 139.9% to 106.3% over the past 5 years.
Debt Coverage: IZER's debt is well covered by operating cash flow (24%).
Interest Coverage: IZER's interest payments on its debt are not well covered by EBIT (2.3x coverage).