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 ratio | 17.9x |
Cash | €25.10m |
Equity | €121.79m |
Total liabilities | €113.06m |
Total assets | €234.85m |
Recent financial health updates
Does Indel B (BIT:INDB) Have A Healthy Balance Sheet?
May 01We Think Indel B (BIT:INDB) Can Stay On Top Of Its Debt
Nov 20Recent updates
We Think You Can Look Beyond Indel B's (BIT:INDB) Lackluster Earnings
Apr 19Earnings Update: Indel B S.p.A. (BIT:INDB) Just Reported And Analysts Are Trimming Their Forecasts
Apr 17Is It Time To Consider Buying Indel B S.p.A. (BIT:INDB)?
Jan 03We Think That There Are Issues Underlying Indel B's (BIT:INDB) Earnings
Apr 29Indel B S.p.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 25Is It Too Late To Consider Buying Indel B S.p.A. (BIT:INDB)?
Apr 23Does Indel B (BIT:INDB) Have A Healthy Balance Sheet?
May 01Is There Now An Opportunity In Indel B S.p.A. (BIT:INDB)?
Mar 29Introducing Indel B (BIT:INDB), A Stock That Climbed 64% In The Last Year
Mar 08Are Strong Financial Prospects The Force That Is Driving The Momentum In Indel B S.p.A.'s BIT:INDB) Stock?
Jan 18Is Now An Opportune Moment To Examine Indel B S.p.A. (BIT:INDB)?
Dec 28If You Had Bought Indel B's (BIT:INDB) Shares Three Years Ago You Would Be Down 30%
Dec 08We Think Indel B (BIT:INDB) Can Stay On Top Of Its Debt
Nov 20Financial 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).