Italian Exhibition Group Balance Sheet Health
Financial Health criteria checks 4/6
Italian Exhibition Group has a total shareholder equity of €129.8M and total debt of €94.8M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are €370.6M and €240.8M respectively. Italian Exhibition Group's EBIT is €35.5M making its interest coverage ratio 6.1. It has cash and short-term investments of €74.3M.
Key information
73.1%
Debt to equity ratio
€94.83m
Debt
| Interest coverage ratio | 6.1x |
| Cash | €74.30m |
| Equity | €129.75m |
| Total liabilities | €240.80m |
| Total assets | €370.55m |
Recent financial health updates
Here's Why Italian Exhibition Group (BIT:IEG) Can Manage Its Debt Responsibly
Jun 21
Italian Exhibition Group (BIT:IEG) Takes On Some Risk With Its Use Of Debt
Aug 30Is Italian Exhibition Group (BIT:IEG) Using Debt In A Risky Way?
May 11Italian Exhibition Group (BIT:IEG) Use Of Debt Could Be Considered Risky
Feb 22Italian Exhibition Group (BIT:IEG) Has No Shortage Of Debt
Nov 23
Recent updates
Here's Why Italian Exhibition Group (BIT:IEG) Can Manage Its Debt Responsibly
Jun 21The Strong Earnings Posted By Italian Exhibition Group (BIT:IEG) Are A Good Indication Of The Strength Of The Business
Apr 15Italian Exhibition Group S.p.A. (BIT:IEG) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Jan 27Italian Exhibition Group S.p.A.'s (BIT:IEG) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Jan 27Italian Exhibition Group (BIT:IEG) Takes On Some Risk With Its Use Of Debt
Aug 30Is Italian Exhibition Group (BIT:IEG) Using Debt In A Risky Way?
May 11Is There An Opportunity With Italian Exhibition Group S.p.A.'s (BIT:IEG) 43% Undervaluation?
Mar 02Some Analysts Just Cut Their Italian Exhibition Group S.p.A. (BIT:IEG) Estimates
Mar 21Italian Exhibition Group (BIT:IEG) Use Of Debt Could Be Considered Risky
Feb 22Italian Exhibition Group's (BIT:IEG) Shareholders Are Down 52% On Their Shares
Feb 01Is Italian Exhibition Group (BIT:IEG) Likely To Turn Things Around?
Jan 05We Wouldn't Rely On Italian Exhibition Group's (BIT:IEG) Statutory Earnings As A Guide
Dec 14Italian Exhibition Group (BIT:IEG) Has No Shortage Of Debt
Nov 23Financial Position Analysis
Short Term Liabilities: IEG's short term assets (€111.3M) do not cover its short term liabilities (€117.5M).
Long Term Liabilities: IEG's short term assets (€111.3M) do not cover its long term liabilities (€123.3M).
Debt to Equity History and Analysis
Debt Level: IEG's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: IEG's debt to equity ratio has reduced from 100.4% to 73.1% over the past 5 years.
Debt Coverage: IEG's debt is well covered by operating cash flow (59%).
Interest Coverage: IEG's interest payments on its debt are well covered by EBIT (6.1x coverage).