init innovation in traffic systems Balance Sheet Health
Financial Health criteria checks 5/6
init innovation in traffic systems has a total shareholder equity of €120.6M and total debt of €45.3M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are €260.5M and €139.9M respectively. init innovation in traffic systems's EBIT is €20.7M making its interest coverage ratio 11.9. It has cash and short-term investments of €27.3M.
Key information
37.6%
Debt to equity ratio
€45.35m
Debt
Interest coverage ratio | 11.9x |
Cash | €27.33m |
Equity | €120.57m |
Total liabilities | €139.91m |
Total assets | €260.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EWR's short term assets (€147.9M) exceed its short term liabilities (€78.4M).
Long Term Liabilities: 0EWR's short term assets (€147.9M) exceed its long term liabilities (€61.5M).
Debt to Equity History and Analysis
Debt Level: 0EWR's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: 0EWR's debt to equity ratio has reduced from 47.3% to 37.6% over the past 5 years.
Debt Coverage: 0EWR's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 0EWR's interest payments on its debt are well covered by EBIT (11.9x coverage).