Ideal Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Ideal Holdings has a total shareholder equity of €148.3M and total debt of €228.8M, which brings its debt-to-equity ratio to 154.3%. Its total assets and total liabilities are €801.0M and €652.8M respectively. Ideal Holdings's EBIT is €34.8M making its interest coverage ratio 4.1. It has cash and short-term investments of €156.7M.
Key information
154.3%
Debt to equity ratio
€228.80m
Debt
Interest coverage ratio | 4.1x |
Cash | €156.66m |
Equity | €148.27m |
Total liabilities | €652.78m |
Total assets | €801.05m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INTEK's short term assets (€341.5M) exceed its short term liabilities (€193.2M).
Long Term Liabilities: INTEK's short term assets (€341.5M) do not cover its long term liabilities (€459.6M).
Debt to Equity History and Analysis
Debt Level: INTEK's net debt to equity ratio (48.7%) 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 not well covered by operating cash flow (14.9%).
Interest Coverage: INTEK's interest payments on its debt are well covered by EBIT (4.1x coverage).