IVS Group Balance Sheet Health
Financial Health criteria checks 2/6
IVS Group has a total shareholder equity of €514.6M and total debt of €495.7M, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are €1.3B and €776.2M respectively. IVS Group's EBIT is €36.2M making its interest coverage ratio 1.8. It has cash and short-term investments of €137.1M.
Key information
96.3%
Debt to equity ratio
€495.74m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €137.14m |
| Equity | €514.62m |
| Total liabilities | €776.21m |
| Total assets | €1.29b |
Recent financial health updates
Is IVS Group (BIT:IVS) A Risky Investment?
May 23
Is IVS Group (BIT:IVS) Using Debt Sensibly?
Mar 07IVS Group (BIT:IVS) Has Debt But No Earnings; Should You Worry?
Nov 23IVS Group (BIT:IVS) Use Of Debt Could Be Considered Risky
Feb 22Recent updates
IVS Group's (BIT:IVS) Solid Profits Have Weak Fundamentals
Apr 05IVS Group S.A.'s (BIT:IVS) Price Is Out Of Tune With Revenues
Mar 28Is IVS Group (BIT:IVS) A Risky Investment?
May 23At €3.92, Is IVS Group S.A. (BIT:IVS) Worth Looking At Closely?
May 10Is IVS Group (BIT:IVS) Using Debt Sensibly?
Mar 07IVS Group (BIT:IVS) Has Debt But No Earnings; Should You Worry?
Nov 23Has IVS Group (BIT:IVS) Got What It Takes To Become A Multi-Bagger?
Mar 21IVS Group (BIT:IVS) Use Of Debt Could Be Considered Risky
Feb 22Would Shareholders Who Purchased IVS Group's (BIT:IVS) Stock Three Years Be Happy With The Share price Today?
Feb 01Should You Use IVS Group's (BIT:IVS) Statutory Earnings To Analyse It?
Jan 11Is IVS Group S.A. (BIT:IVS) Potentially Undervalued?
Dec 21The Trends At IVS Group (BIT:IVS) That You Should Know About
Nov 30
Financial Position Analysis
Short Term Liabilities: IVS's short term assets (€337.8M) exceed its short term liabilities (€288.1M).
Long Term Liabilities: IVS's short term assets (€337.8M) do not cover its long term liabilities (€488.1M).
Debt to Equity History and Analysis
Debt Level: IVS's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: IVS's debt to equity ratio has reduced from 117.8% to 96.3% over the past 5 years.
Debt Coverage: IVS's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: IVS's interest payments on its debt are not well covered by EBIT (1.8x coverage).