Italgas Balance Sheet Health
Financial Health criteria checks 2/6
Italgas has a total shareholder equity of €2.6B and total debt of €6.8B, which brings its debt-to-equity ratio to 263.1%. Its total assets and total liabilities are €11.1B and €8.5B respectively. Italgas's EBIT is €724.2M making its interest coverage ratio 8.5. It has cash and short-term investments of €267.2M.
Key information
263.1%
Debt to equity ratio
€6.84b
Debt
| Interest coverage ratio | 8.5x |
| Cash | €267.19m |
| Equity | €2.60b |
| Total liabilities | €8.54b |
| Total assets | €11.14b |
Recent financial health updates
No updates
Recent updates
Italgas (BIT:IG) Is Increasing Its Dividend To €0.352
Apr 19
Italgas' (BIT:IG) Dividend Will Be Increased To €0.352
Mar 18Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Mar 15Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching
Jan 30Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)
Nov 11Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today
Sep 15Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?
Aug 03Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317
May 07Italgas' (BIT:IG) Dividend Will Be Increased To €0.317
Apr 05Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 31A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)
Dec 16Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?
Sep 13Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?
Jun 10Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's
May 08Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's
Apr 24Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29
Apr 05Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?
Jan 24Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?
Oct 17Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward
Sep 28Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)
Jul 14Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return
Jun 24Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate
Mar 30Has Italgas (BIT:IG) Got What It Takes To Become A Multi-Bagger?
Mar 12Should You Be Impressed By Italgas S.p.A.'s (BIT:IG) ROE?
Feb 22If You Like EPS Growth Then Check Out Italgas (BIT:IG) Before It's Too Late
Feb 08
What Type Of Returns Would Italgas'(BIT:IG) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 22What Type Of Shareholders Make Up Italgas S.p.A.'s (BIT:IG) Share Registry?
Jan 04Estimating The Intrinsic Value Of Italgas S.p.A. (BIT:IG)
Dec 15Financial Position Analysis
Short Term Liabilities: IG's short term assets (€1.4B) do not cover its short term liabilities (€1.9B).
Long Term Liabilities: IG's short term assets (€1.4B) do not cover its long term liabilities (€6.6B).
Debt to Equity History and Analysis
Debt Level: IG's net debt to equity ratio (252.8%) is considered high.
Reducing Debt: IG's debt to equity ratio has reduced from 298.9% to 263.1% over the past 5 years.
Debt Coverage: IG's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: IG's interest payments on its debt are well covered by EBIT (8.5x coverage).