Indel B Balance Sheet Health

Financial Health criteria checks 5/6

Indel B has a total shareholder equity of €121.8M and total debt of €46.2M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are €234.8M and €113.1M respectively. Indel B's EBIT is €13.0M making its interest coverage ratio 17.9. It has cash and short-term investments of €25.1M.

Key information

38.0%

Debt to equity ratio

€46.25m

Debt

Interest coverage ratio17.9x
Cash€25.10m
Equity€121.79m
Total liabilities€113.06m
Total assets€234.85m

Recent financial health updates

Recent updates

We Think You Can Look Beyond Indel B's (BIT:INDB) Lackluster Earnings

Apr 19
We Think You Can Look Beyond Indel B's (BIT:INDB) Lackluster Earnings

Earnings Update: Indel B S.p.A. (BIT:INDB) Just Reported And Analysts Are Trimming Their Forecasts

Apr 17
Earnings Update: Indel B S.p.A. (BIT:INDB) Just Reported And Analysts Are Trimming Their Forecasts

Is It Time To Consider Buying Indel B S.p.A. (BIT:INDB)?

Jan 03
Is It Time To Consider Buying Indel B S.p.A. (BIT:INDB)?

We Think That There Are Issues Underlying Indel B's (BIT:INDB) Earnings

Apr 29
We Think That There Are Issues Underlying Indel B's (BIT:INDB) Earnings

Indel B S.p.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 25
Indel B S.p.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Is It Too Late To Consider Buying Indel B S.p.A. (BIT:INDB)?

Apr 23
Is It Too Late To Consider Buying Indel B S.p.A. (BIT:INDB)?

Does Indel B (BIT:INDB) Have A Healthy Balance Sheet?

May 01
Does Indel B (BIT:INDB) Have A Healthy Balance Sheet?

Is There Now An Opportunity In Indel B S.p.A. (BIT:INDB)?

Mar 29
Is There Now An Opportunity In Indel B S.p.A. (BIT:INDB)?

Introducing Indel B (BIT:INDB), A Stock That Climbed 64% In The Last Year

Mar 08
Introducing Indel B (BIT:INDB), A Stock That Climbed 64% In The Last Year

Are Strong Financial Prospects The Force That Is Driving The Momentum In Indel B S.p.A.'s BIT:INDB) Stock?

Jan 18
Are Strong Financial Prospects The Force That Is Driving The Momentum In Indel B S.p.A.'s BIT:INDB) Stock?

Is Now An Opportune Moment To Examine Indel B S.p.A. (BIT:INDB)?

Dec 28
Is Now An Opportune Moment To Examine Indel B S.p.A. (BIT:INDB)?

If You Had Bought Indel B's (BIT:INDB) Shares Three Years Ago You Would Be Down 30%

Dec 08
If You Had Bought Indel B's (BIT:INDB) Shares Three Years Ago You Would Be Down 30%

We Think Indel B (BIT:INDB) Can Stay On Top Of Its Debt

Nov 20
We Think Indel B (BIT:INDB) Can Stay On Top Of Its Debt

Financial Position Analysis

Short Term Liabilities: INDB's short term assets (€155.9M) exceed its short term liabilities (€91.5M).

Long Term Liabilities: INDB's short term assets (€155.9M) exceed its long term liabilities (€21.6M).


Debt to Equity History and Analysis

Debt Level: INDB's net debt to equity ratio (17.4%) is considered satisfactory.

Reducing Debt: INDB's debt to equity ratio has increased from 31.7% to 38% over the past 5 years.

Debt Coverage: INDB's debt is well covered by operating cash flow (53.5%).

Interest Coverage: INDB's interest payments on its debt are well covered by EBIT (17.9x coverage).


Balance Sheet


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