IRCE S.p.A.

BIT:IRC Stock Report

Market Cap: €59.0m

IRCE Balance Sheet Health

Financial Health criteria checks 6/6

IRCE has a total shareholder equity of €152.9M and total debt of €65.3M, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are €281.7M and €128.8M respectively. IRCE's EBIT is €16.1M making its interest coverage ratio 8.4. It has cash and short-term investments of €14.6M.

Key information

42.7%

Debt to equity ratio

€65.28m

Debt

Interest coverage ratio8.4x
Cash€14.64m
Equity€152.88m
Total liabilities€128.78m
Total assets€281.65m

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 (€199.3M) exceed its short term liabilities (€84.6M).

Long Term Liabilities: IRC's short term assets (€199.3M) exceed its long term liabilities (€44.2M).

Debt to Equity History and Analysis

Debt Level: IRC's net debt to equity ratio (33.1%) is considered satisfactory.

Reducing Debt: IRC's debt to equity ratio has reduced from 43.4% to 42.7% over the past 5 years.

Debt Coverage: IRC's debt is well covered by operating cash flow (45.4%).

Interest Coverage: IRC's interest payments on its debt are well covered by EBIT (8.4x coverage).

Balance Sheet

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