IDNTT Balance Sheet Health
Financial Health criteria checks 5/6
IDNTT has a total shareholder equity of €6.8M and total debt of €250.0K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are €13.6M and €6.8M respectively. IDNTT's EBIT is €2.1M making its interest coverage ratio 65.5. It has cash and short-term investments of €2.5M.
Key information
3.7%
Debt to equity ratio
€250.00k
Debt
| Interest coverage ratio | 65.5x |
| Cash | €2.45m |
| Equity | €6.77m |
| Total liabilities | €6.80m |
| Total assets | €13.57m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IDNTT's short term assets (€9.9M) exceed its short term liabilities (€6.1M).
Long Term Liabilities: IDNTT's short term assets (€9.9M) exceed its long term liabilities (€742.0K).
Debt to Equity History and Analysis
Debt Level: IDNTT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IDNTT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IDNTT's debt is well covered by operating cash flow (734.4%).
Interest Coverage: IDNTT's interest payments on its debt are well covered by EBIT (65.5x coverage).