Innelec Multimédia Balance Sheet Health
Financial Health criteria checks 3/6
Innelec Multimédia has a total shareholder equity of €23.5M and total debt of €28.1M, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are €85.8M and €62.2M respectively. Innelec Multimédia's EBIT is €3.2M making its interest coverage ratio 3.2. It has cash and short-term investments of €18.6M.
Key information
119.6%
Debt to equity ratio
€28.14m
Debt
Interest coverage ratio | 3.2x |
Cash | €18.62m |
Equity | €23.52m |
Total liabilities | €62.24m |
Total assets | €85.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IVB's short term assets (€63.8M) exceed its short term liabilities (€51.0M).
Long Term Liabilities: 0IVB's short term assets (€63.8M) exceed its long term liabilities (€11.2M).
Debt to Equity History and Analysis
Debt Level: 0IVB's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 0IVB's debt to equity ratio has increased from 76.4% to 119.6% over the past 5 years.
Debt Coverage: 0IVB's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: 0IVB's interest payments on its debt are well covered by EBIT (3.2x coverage).