Iniziative Bresciane Balance Sheet Health
Financial Health criteria checks 1/6
Iniziative Bresciane has a total shareholder equity of €74.5M and total debt of €114.0M, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are €214.5M and €140.0M respectively. Iniziative Bresciane's EBIT is €8.0M making its interest coverage ratio 2. It has cash and short-term investments of €10.6M.
Key information
153.1%
Debt to equity ratio
€114.04m
Debt
| Interest coverage ratio | 2x |
| Cash | €10.58m |
| Equity | €74.51m |
| Total liabilities | €140.01m |
| Total assets | €214.52m |
Recent financial health updates
Recent updates
This Analyst Just Downgraded Their Iniziative Bresciane S.p.A. (BIT:IB) EPS Forecasts
Oct 28
Is Iniziative Bresciane (BIT:IB) Using Too Much Debt?
May 08An Intrinsic Calculation For Iniziative Bresciane S.p.A. (BIT:IB) Suggests It's 21% Undervalued
Mar 08Did Iniziative Bresciane S.p.A. (BIT:IB) Use Debt To Deliver Its ROE Of 9.8%?
Feb 09
A Look At Iniziative Bresciane's (BIT:IB) Share Price Returns
Jan 04Is There More To The Story Than Iniziative Bresciane's (BIT:IB) Earnings Growth?
Dec 08Financial Position Analysis
Short Term Liabilities: IB's short term assets (€28.7M) do not cover its short term liabilities (€40.6M).
Long Term Liabilities: IB's short term assets (€28.7M) do not cover its long term liabilities (€99.4M).
Debt to Equity History and Analysis
Debt Level: IB's net debt to equity ratio (138.9%) is considered high.
Reducing Debt: IB's debt to equity ratio has reduced from 172.5% to 153.1% over the past 5 years.
Debt Coverage: IB's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: IB's interest payments on its debt are not well covered by EBIT (2x coverage).