Itesoft Balance Sheet Health
Financial Health criteria checks 5/6
Itesoft has a total shareholder equity of €7.5M and total debt of €6.1M, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are €28.4M and €20.9M respectively. Itesoft's EBIT is €900.0 making its interest coverage ratio -9. It has cash and short-term investments of €8.7M.
Key information
81.8%
Debt to equity ratio
€6.11m
Debt
Interest coverage ratio | -9x |
Cash | €8.69m |
Equity | €7.48m |
Total liabilities | €20.93m |
Total assets | €28.40m |
Recent financial health updates
Recent updates
Some Investors May Be Worried About Itesoft's (EPA:ITE) Returns On Capital
Mar 08Itesoft (EPA:ITE) Could Be At Risk Of Shrinking As A Company
Oct 04Itesoft (EPA:ITE) Has A Pretty Healthy Balance Sheet
May 14Itesoft (EPA:ITE) Is Reinvesting At Lower Rates Of Return
Mar 22Itesoft S.A.'s (EPA:ITE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 23Estimating The Fair Value Of Itesoft S.A. (EPA:ITE)
Jan 27Is Itesoft (EPA:ITE) Likely To Turn Things Around?
Dec 16Financial Position Analysis
Short Term Liabilities: ITE's short term assets (€16.3M) exceed its short term liabilities (€15.7M).
Long Term Liabilities: ITE's short term assets (€16.3M) exceed its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: ITE has more cash than its total debt.
Reducing Debt: ITE's debt to equity ratio has increased from 58.1% to 81.8% over the past 5 years.
Debt Coverage: ITE's debt is well covered by operating cash flow (50.5%).
Interest Coverage: ITE earns more interest than it pays, so coverage of interest payments is not a concern.