Italian Exhibition Group Balance Sheet Health
Financial Health criteria checks 4/6
Italian Exhibition Group has a total shareholder equity of €124.4M and total debt of €88.2M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are €362.9M and €238.5M respectively. Italian Exhibition Group's EBIT is €31.5M making its interest coverage ratio 5.2. It has cash and short-term investments of €41.7M.
Key information
70.9%
Debt to equity ratio
€88.19m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €41.68m |
| Equity | €124.42m |
| Total liabilities | €238.52m |
| Total assets | €362.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IEGM's short term assets (€98.6M) do not cover its short term liabilities (€125.1M).
Long Term Liabilities: IEGM's short term assets (€98.6M) do not cover its long term liabilities (€113.4M).
Debt to Equity History and Analysis
Debt Level: IEGM's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: IEGM's debt to equity ratio has reduced from 97% to 70.9% over the past 5 years.
Debt Coverage: IEGM's debt is well covered by operating cash flow (50%).
Interest Coverage: IEGM's interest payments on its debt are well covered by EBIT (5.2x coverage).