Italian Wine Brands Balance Sheet Health
Financial Health criteria checks 4/6
Italian Wine Brands has a total shareholder equity of €209.5M and total debt of €172.1M, which brings its debt-to-equity ratio to 82.2%. Its total assets and total liabilities are €537.1M and €327.6M respectively. Italian Wine Brands's EBIT is €29.9M making its interest coverage ratio 5.3. It has cash and short-term investments of €71.4M.
Key information
82.2%
Debt to equity ratio
€172.14m
Debt
Interest coverage ratio | 5.3x |
Cash | €71.42m |
Equity | €209.49m |
Total liabilities | €327.57m |
Total assets | €537.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IWB's short term assets (€212.1M) exceed its short term liabilities (€160.7M).
Long Term Liabilities: IWB's short term assets (€212.1M) exceed its long term liabilities (€166.9M).
Debt to Equity History and Analysis
Debt Level: IWB's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: IWB's debt to equity ratio has increased from 50.9% to 82.2% over the past 5 years.
Debt Coverage: IWB's debt is well covered by operating cash flow (25.3%).
Interest Coverage: IWB's interest payments on its debt are well covered by EBIT (5.3x coverage).