Irish Continental Group plc

BATS-CHIXE:ICGCL Stock Report

Market Cap: UK£760.1m

Irish Continental Group Balance Sheet Health

Financial Health criteria checks 4/6

Irish Continental Group has a total shareholder equity of €279.6M and total debt of €149.6M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are €679.2M and €399.6M respectively. Irish Continental Group's EBIT is €70.9M making its interest coverage ratio 10. It has cash and short-term investments of €51.2M.

Key information

53.5%

Debt to equity ratio

€149.60m

Debt

Interest coverage ratio10x
Cash€51.20m
Equity€279.60m
Total liabilities€399.60m
Total assets€679.20m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ICGCL's short term assets (€150.3M) do not cover its short term liabilities (€193.4M).

Long Term Liabilities: ICGCL's short term assets (€150.3M) do not cover its long term liabilities (€206.2M).


Debt to Equity History and Analysis

Debt Level: ICGCL's net debt to equity ratio (35.2%) is considered satisfactory.

Reducing Debt: ICGCL's debt to equity ratio has reduced from 76% to 53.5% over the past 5 years.

Debt Coverage: ICGCL's debt is well covered by operating cash flow (80.7%).

Interest Coverage: ICGCL's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


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