Italgas Balance Sheet Health
Financial Health criteria checks 2/6
Italgas has a total shareholder equity of €3.0B and total debt of €9.1B, which brings its debt-to-equity ratio to 304.7%. Its total assets and total liabilities are €14.2B and €11.2B respectively. Italgas's EBIT is €835.8M making its interest coverage ratio 6.6. It has cash and short-term investments of €2.6B.
Key information
304.73%
Debt to equity ratio
€9.06b
Debt
| Interest coverage ratio | 6.6x |
| Cash | €2.57b |
| Equity | €2.97b |
| Total liabilities | €11.23b |
| Total assets | €14.21b |
Recent financial health updates
No updates
Recent updates
Broker Revenue Forecasts For Italgas S.p.A. (BIT:IG) Are Surging Higher
May 09
This Is Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Looks Appropriate
May 07Italgas (BIT:IG) Is Increasing Its Dividend To €0.406
Apr 09Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.406
Mar 26Italgas (BIT:IG) Has Announced That It Will Be Increasing Its Dividend To €0.406
Mar 12Is Italgas S.p.A. (BIT:IG) Trading At A 32% Discount?
Dec 20An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued
Sep 11Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel
Aug 16Financial Position Analysis
Short Term Liabilities: IG's short term assets (€3.9B) exceed its short term liabilities (€3.3B).
Long Term Liabilities: IG's short term assets (€3.9B) do not cover its long term liabilities (€8.0B).
Debt to Equity History and Analysis
Debt Level: IG's net debt to equity ratio (218.2%) is considered high.
Reducing Debt: IG's debt to equity ratio has increased from 249.1% to 304.7% over the past 5 years.
Debt Coverage: IG's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: IG's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/21 23:00 |
| End of Day Share Price | 2025/07/21 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Italgas S.p.A. is covered by 31 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Francesco Sala | Banca Akros S.p.A. (ESN) |
| Virginia Sanz de Madrid Gross | Banco Santander |
| Temitope Sulaiman | Barclays |