IMCD Balance Sheet Health
Financial Health criteria checks 4/6
IMCD has a total shareholder equity of €1.7B and total debt of €1.6B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are €4.2B and €2.4B respectively. IMCD's EBIT is €433.1M making its interest coverage ratio 9.5. It has cash and short-term investments of €394.5M.
Key information
91.3%
Debt to equity ratio
€1.58b
Debt
Interest coverage ratio | 9.5x |
Cash | €394.46m |
Equity | €1.73b |
Total liabilities | €2.43b |
Total assets | €4.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMCDA's short term assets (€1.7B) exceed its short term liabilities (€978.7M).
Long Term Liabilities: IMCDA's short term assets (€1.7B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: IMCDA's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: IMCDA's debt to equity ratio has increased from 88.5% to 91.3% over the past 5 years.
Debt Coverage: IMCDA's debt is well covered by operating cash flow (26.6%).
Interest Coverage: IMCDA's interest payments on its debt are well covered by EBIT (9.5x coverage).