Iveco Group Balance Sheet Health
Financial Health criteria checks 4/6
Iveco Group has a total shareholder equity of €2.5B and total debt of €5.1B, which brings its debt-to-equity ratio to 204.4%. Its total assets and total liabilities are €18.3B and €15.8B respectively. Iveco Group's EBIT is €839.0M making its interest coverage ratio 5.7. It has cash and short-term investments of €2.2B.
Key information
204.4%
Debt to equity ratio
€5.07b
Debt
| Interest coverage ratio | 5.7x |
| Cash | €2.22b |
| Equity | €2.48b |
| Total liabilities | €15.83b |
| Total assets | €18.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AB5's short term assets (€12.4B) exceed its short term liabilities (€8.0B).
Long Term Liabilities: 0AB5's short term assets (€12.4B) exceed its long term liabilities (€7.9B).
Debt to Equity History and Analysis
Debt Level: 0AB5's net debt to equity ratio (115%) is considered high.
Reducing Debt: 0AB5's debt to equity ratio has increased from 106.8% to 204.4% over the past 5 years.
Debt Coverage: 0AB5's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 0AB5's interest payments on its debt are well covered by EBIT (5.7x coverage).