Italian Design Brands Balance Sheet Health
Financial Health criteria checks 4/6
Italian Design Brands has a total shareholder equity of €154.4M and total debt of €84.4M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are €475.5M and €321.1M respectively. Italian Design Brands's EBIT is €36.3M making its interest coverage ratio 3.3. It has cash and short-term investments of €41.5M.
Key information
54.7%
Debt to equity ratio
€84.39m
Debt
Interest coverage ratio | 3.3x |
Cash | €41.46m |
Equity | €154.38m |
Total liabilities | €321.08m |
Total assets | €475.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDB's short term assets (€161.7M) exceed its short term liabilities (€125.2M).
Long Term Liabilities: IDB's short term assets (€161.7M) do not cover its long term liabilities (€195.9M).
Debt to Equity History and Analysis
Debt Level: IDB's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IDB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IDB's debt is well covered by operating cash flow (23.5%).
Interest Coverage: IDB's interest payments on its debt are well covered by EBIT (3.3x coverage).