IT Link Balance Sheet Health
Financial Health criteria checks 6/6
IT Link has a total shareholder equity of €25.3M and total debt of €5.6M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are €59.6M and €34.3M respectively. IT Link's EBIT is €5.4M making its interest coverage ratio 100.4. It has cash and short-term investments of €13.0M.
Key information
22.3%
Debt to equity ratio
€5.64m
Debt
| Interest coverage ratio | 100.4x |
| Cash | €13.03m |
| Equity | €25.30m |
| Total liabilities | €34.26m |
| Total assets | €59.56m |
Recent financial health updates
Is IT Link (EPA:ALITL) Using Too Much Debt?
Dec 19
These 4 Measures Indicate That IT Link (EPA:ALITL) Is Using Debt Reasonably Well
Dec 21
Recent updates
Investors Will Want IT Link's (EPA:ALITL) Growth In ROCE To Persist
Mar 28Is IT Link (EPA:ALITL) Using Too Much Debt?
Dec 19The Trend Of High Returns At IT Link (EPA:ALITL) Has Us Very Interested
May 18At €26.20, Is It Time To Put IT Link SA (EPA:ALITL) On Your Watch List?
Jan 05Capital Investment Trends At IT Link (EPA:ALITL) Look Strong
Jul 22Is Now The Time To Look At Buying IT Link SA (EPA:ALITL)?
Jun 16Returns On Capital At IT Link (EPA:ALITL) Have Hit The Brakes
Mar 26At €13.55, Is It Time To Put IT Link SA (EPA:ALITL) On Your Watch List?
Feb 28IT Link SA's (EPA:ALITL) Stock Is Going Strong: Have Financials A Role To Play?
Feb 01Are IT Link's (EPA:ALITL) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 11These 4 Measures Indicate That IT Link (EPA:ALITL) Is Using Debt Reasonably Well
Dec 21Here's What To Make Of IT Link's (EPA:ALITL) Returns On Capital
Dec 04Financial Position Analysis
Short Term Liabilities: ALITL's short term assets (€45.7M) exceed its short term liabilities (€25.7M).
Long Term Liabilities: ALITL's short term assets (€45.7M) exceed its long term liabilities (€8.6M).
Debt to Equity History and Analysis
Debt Level: ALITL has more cash than its total debt.
Reducing Debt: ALITL's debt to equity ratio has reduced from 45.9% to 22.3% over the past 5 years.
Debt Coverage: ALITL's debt is well covered by operating cash flow (66.9%).
Interest Coverage: ALITL's interest payments on its debt are well covered by EBIT (100.4x coverage).