Immobiliare Grande Distribuzione SIIQ S.p.A.

BATS-CHIXE:IGDM Stock Report

Market Cap: €254.9m

Immobiliare Grande Distribuzione SIIQ Balance Sheet Health

Financial Health criteria checks 0/6

Immobiliare Grande Distribuzione SIIQ has a total shareholder equity of €1.0B and total debt of €971.1M, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are €2.1B and €1.1B respectively. Immobiliare Grande Distribuzione SIIQ's EBIT is €102.9M making its interest coverage ratio 2.6. It has cash and short-term investments of €25.4M.

Key information

92.6%

Debt to equity ratio

€971.13m

Debt

Interest coverage ratio2.6x
Cash€25.38m
Equity€1.05b
Total liabilities€1.08b
Total assets€2.13b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: IGDM's short term assets (€71.0M) do not cover its short term liabilities (€173.0M).

Long Term Liabilities: IGDM's short term assets (€71.0M) do not cover its long term liabilities (€906.0M).


Debt to Equity History and Analysis

Debt Level: IGDM's net debt to equity ratio (90.2%) is considered high.

Reducing Debt: IGDM's debt to equity ratio has increased from 89.9% to 92.6% over the past 5 years.

Debt Coverage: IGDM's debt is not well covered by operating cash flow (9.6%).

Interest Coverage: IGDM's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


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