ID Logistics Group Balance Sheet Health
Financial Health criteria checks 1/6
ID Logistics Group has a total shareholder equity of €447.6M and total debt of €502.8M, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are €2.7B and €2.2B respectively. ID Logistics Group's EBIT is €129.5M making its interest coverage ratio 2. It has cash and short-term investments of €171.0M.
Key information
112.3%
Debt to equity ratio
€502.85m
Debt
| Interest coverage ratio | 2x |
| Cash | €170.97m |
| Equity | €447.63m |
| Total liabilities | €2.23b |
| Total assets | €2.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QAG's short term assets (€884.1M) do not cover its short term liabilities (€1.1B).
Long Term Liabilities: 0QAG's short term assets (€884.1M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: 0QAG's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: 0QAG's debt to equity ratio has increased from 70.1% to 112.3% over the past 5 years.
Debt Coverage: 0QAG's debt is well covered by operating cash flow (86.9%).
Interest Coverage: 0QAG's interest payments on its debt are not well covered by EBIT (2x coverage).