Indel B Balance Sheet Health
Financial Health criteria checks 5/6
Indel B has a total shareholder equity of €127.1M and total debt of €42.0M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are €221.9M and €94.8M respectively. Indel B's EBIT is €10.4M making its interest coverage ratio 9.4. It has cash and short-term investments of €34.4M.
Key information
33.0%
Debt to equity ratio
€41.95m
Debt
| Interest coverage ratio | 9.4x |
| Cash | €34.38m |
| Equity | €127.10m |
| Total liabilities | €94.77m |
| Total assets | €221.87m |
Recent financial health updates
Does Indel B (BIT:INDB) Have A Healthy Balance Sheet?
May 01
We 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 18
Is 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 (€141.6M) exceed its short term liabilities (€70.1M).
Long Term Liabilities: INDB's short term assets (€141.6M) exceed its long term liabilities (€24.6M).
Debt to Equity History and Analysis
Debt Level: INDB's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: INDB's debt to equity ratio has increased from 30.1% to 33% over the past 5 years.
Debt Coverage: INDB's debt is well covered by operating cash flow (79.6%).
Interest Coverage: INDB's interest payments on its debt are well covered by EBIT (9.4x coverage).