init innovation in traffic systems Balance Sheet Health
Financial Health criteria checks 6/6
init innovation in traffic systems has a total shareholder equity of €108.6M and total debt of €57.8M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are €259.5M and €150.9M respectively. init innovation in traffic systems's EBIT is €20.7M making its interest coverage ratio 22.6. It has cash and short-term investments of €36.8M.
Key information
53.2%
Debt to equity ratio
€57.76m
Debt
Interest coverage ratio | 22.6x |
Cash | €36.76m |
Equity | €108.64m |
Total liabilities | €150.86m |
Total assets | €259.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IXXd's short term assets (€151.5M) exceed its short term liabilities (€82.3M).
Long Term Liabilities: IXXd's short term assets (€151.5M) exceed its long term liabilities (€68.5M).
Debt to Equity History and Analysis
Debt Level: IXXd's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: IXXd's debt to equity ratio has reduced from 54.9% to 53.2% over the past 5 years.
Debt Coverage: IXXd's debt is well covered by operating cash flow (34.3%).
Interest Coverage: IXXd's interest payments on its debt are well covered by EBIT (22.6x coverage).