Industrie Chimiche Forestali Balance Sheet Health
Financial Health criteria checks 5/6
Industrie Chimiche Forestali has a total shareholder equity of €79.2M and total debt of €6.8M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are €120.1M and €40.9M respectively. Industrie Chimiche Forestali's EBIT is €3.5M making its interest coverage ratio 2.6. It has cash and short-term investments of €5.5M.
Key information
8.6%
Debt to equity ratio
€6.85m
Debt
| Interest coverage ratio | 2.6x |
| Cash | €5.51m |
| Equity | €79.20m |
| Total liabilities | €40.85m |
| Total assets | €120.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ICF's short term assets (€46.3M) exceed its short term liabilities (€25.0M).
Long Term Liabilities: ICF's short term assets (€46.3M) exceed its long term liabilities (€15.8M).
Debt to Equity History and Analysis
Debt Level: ICF's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: ICF's debt to equity ratio has reduced from 22% to 8.6% over the past 5 years.
Debt Coverage: ICF's debt is well covered by operating cash flow (157.7%).
Interest Coverage: ICF's interest payments on its debt are not well covered by EBIT (2.6x coverage).