IRCE S.p.A.

BIT:IRC Stock Report

Market Cap: €59.3m

IRCE Balance Sheet Health

Financial Health criteria checks 6/6

IRCE has a total shareholder equity of €152.3M and total debt of €72.1M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are €286.6M and €134.3M respectively. IRCE's EBIT is €14.6M making its interest coverage ratio 13.2. It has cash and short-term investments of €17.6M.

Key information

47.3%

Debt to equity ratio

€72.12m

Debt

Interest coverage ratio13.2x
Cash€17.63m
Equity€152.33m
Total liabilities€134.26m
Total assets€286.59m

Recent financial health updates

Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

Sep 16
Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

Sep 15
Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

IRCE (BIT:IRC) Is Carrying A Fair Bit Of Debt

Dec 21
IRCE (BIT:IRC) Is Carrying A Fair Bit Of Debt

Recent updates

There May Be Some Bright Spots In IRCE's (BIT:IRC) Earnings

Mar 23
There May Be Some Bright Spots In IRCE's (BIT:IRC) Earnings

Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

Sep 16
Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

IRCE's (BIT:IRC) Dividend Will Be Increased To €0.06

Apr 05
IRCE's (BIT:IRC) Dividend Will Be Increased To €0.06

IRCE's (BIT:IRC) Upcoming Dividend Will Be Larger Than Last Year's

Mar 19
IRCE's (BIT:IRC) Upcoming Dividend Will Be Larger Than Last Year's

IRCE's (BIT:IRC) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jan 21
IRCE's (BIT:IRC) Returns On Capital Tell Us There Is Reason To Feel Uneasy

IRCE's (BIT:IRC) Dividend Will Be Increased To €0.05

Apr 28
IRCE's (BIT:IRC) Dividend Will Be Increased To €0.05

IRCE's (BIT:IRC) Upcoming Dividend Will Be Larger Than Last Year's

Mar 19
IRCE's (BIT:IRC) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

Sep 15
Here's Why IRCE (BIT:IRC) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For IRCE's (BIT:IRC) Returns On Capital

May 03
There's Been No Shortage Of Growth Recently For IRCE's (BIT:IRC) Returns On Capital

Is IRCE S.p.A. (BIT:IRC) Potentially Undervalued?

Apr 08
Is IRCE S.p.A. (BIT:IRC) Potentially Undervalued?

How Much Did IRCE's(BIT:IRC) Shareholders Earn From Share Price Movements Over The Last Three Years?

Mar 02
How Much Did IRCE's(BIT:IRC) Shareholders Earn From Share Price Movements Over The Last Three Years?

IRCE (BIT:IRC) Is Carrying A Fair Bit Of Debt

Dec 21
IRCE (BIT:IRC) Is Carrying A Fair Bit Of Debt

IRCE's (BIT:IRC) Stock Price Has Reduced 40% In The Past Three Years

Nov 25
IRCE's (BIT:IRC) Stock Price Has Reduced 40% In The Past Three Years

Financial Position Analysis

Short Term Liabilities: IRC's short term assets (€212.6M) exceed its short term liabilities (€108.8M).

Long Term Liabilities: IRC's short term assets (€212.6M) exceed its long term liabilities (€25.4M).

Debt to Equity History and Analysis

Debt Level: IRC's net debt to equity ratio (35.8%) is considered satisfactory.

Reducing Debt: IRC's debt to equity ratio has reduced from 52% to 47.3% over the past 5 years.

Debt Coverage: IRC's debt is well covered by operating cash flow (53.9%).

Interest Coverage: IRC's interest payments on its debt are well covered by EBIT (13.2x coverage).

Balance Sheet

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