IDNTT Balance Sheet Health
Financial Health criteria checks 5/6
IDNTT has a total shareholder equity of €7.5M and total debt of €2.7M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are €18.7M and €11.2M respectively. IDNTT's EBIT is €1.9M making its interest coverage ratio 31.4. It has cash and short-term investments of €2.1M.
Key information
36.3%
Debt to equity ratio
€2.74m
Debt
| Interest coverage ratio | 31.4x |
| Cash | €2.12m |
| Equity | €7.54m |
| Total liabilities | €11.20m |
| Total assets | €18.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IDNTT's short term assets (€11.2M) exceed its short term liabilities (€8.0M).
Long Term Liabilities: IDNTT's short term assets (€11.2M) exceed its long term liabilities (€3.2M).
Debt to Equity History and Analysis
Debt Level: IDNTT's net debt to equity ratio (8.1%) is considered satisfactory.
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 (89.7%).
Interest Coverage: IDNTT's interest payments on its debt are well covered by EBIT (31.4x coverage).