Ideal Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ideal Holdings has a total shareholder equity of €152.3M and total debt of €133.0M, which brings its debt-to-equity ratio to 87.3%. Its total assets and total liabilities are €753.0M and €600.6M respectively. Ideal Holdings's EBIT is €48.8M making its interest coverage ratio 3.1. It has cash and short-term investments of €53.5M.
Key information
87.3%
Debt to equity ratio
€132.96m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €53.49m |
| Equity | €152.35m |
| Total liabilities | €600.65m |
| Total assets | €752.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INTEK's short term assets (€301.1M) exceed its short term liabilities (€217.9M).
Long Term Liabilities: INTEK's short term assets (€301.1M) do not cover its long term liabilities (€382.7M).
Debt to Equity History and Analysis
Debt Level: INTEK's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: Insufficient data to determine if INTEK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: INTEK's debt is well covered by operating cash flow (25.2%).
Interest Coverage: INTEK's interest payments on its debt are well covered by EBIT (3.1x coverage).