Italgas S.p.A.

BIT:IG Stock Report

Market Cap: €4.4b

Italgas Balance Sheet Health

Financial Health criteria checks 2/6

Italgas has a total shareholder equity of €2.7B and total debt of €6.8B, which brings its debt-to-equity ratio to 255.3%. Its total assets and total liabilities are €9.9B and €9.7B respectively. Italgas's EBIT is €783.2M making its interest coverage ratio 7.9. It has cash and short-term investments of €344.6M.

Key information

255.3%

Debt to equity ratio

€6.81b

Debt

Interest coverage ratio7.9x
Cash€344.63m
Equity€2.67b
Total liabilities€9.74b
Total assets€9.94b

Recent financial health updates

No updates

Recent updates

Is Italgas S.p.A. (BIT:IG) Trading At A 32% Discount?

Dec 20
Is Italgas S.p.A. (BIT:IG) Trading At A 32% Discount?

An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Sep 11
An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Aug 16
Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

May 03
Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Is The Least Of Shareholders' Concerns

Apr 30
Here's Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Is The Least Of Shareholders' Concerns

Italgas (BIT:IG) Is Increasing Its Dividend To €0.352

Apr 19
Italgas (BIT:IG) Is Increasing Its Dividend To €0.352

Italgas' (BIT:IG) Dividend Will Be Increased To €0.352

Mar 18
Italgas' (BIT:IG) Dividend Will Be Increased To €0.352

Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Mar 15
Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching

Jan 30
Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching

Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Nov 11
Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today

Sep 15
Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?

Aug 03
Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?

Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317

May 07
Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317

Italgas' (BIT:IG) Dividend Will Be Increased To €0.317

Apr 05
Italgas' (BIT:IG) Dividend Will Be Increased To €0.317

Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value

Mar 31
Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value

A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)

Dec 16
A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?

Sep 13
Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?

Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?

Jun 10
Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

May 08
Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 24
Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29

Apr 05
Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29

Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?

Jan 24
Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?

Oct 17
Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?

Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward

Sep 28
Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward

Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Jul 14
Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return

Jun 24
Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return

Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate

Mar 30
Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate

Has Italgas (BIT:IG) Got What It Takes To Become A Multi-Bagger?

Mar 12
Has Italgas (BIT:IG) Got What It Takes To Become A Multi-Bagger?

Financial Position Analysis

Short Term Liabilities: IG's short term assets (€931.0M) do not cover its short term liabilities (€2.5B).

Long Term Liabilities: IG's short term assets (€931.0M) do not cover its long term liabilities (€7.3B).

Debt to Equity History and Analysis

Debt Level: IG's net debt to equity ratio (242.4%) is considered high.

Reducing Debt: IG's debt to equity ratio has reduced from 285.9% to 255.3% over the past 5 years.

Debt Coverage: IG's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: IG's interest payments on its debt are well covered by EBIT (7.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 20:30
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Italgas S.p.A. is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francesco SalaBanca Akros S.p.A. (ESN)
Virginia Sanz de Madrid GrossBanco Santander
José Ruiz FernandezBarclays