IMCD Balance Sheet Health
Financial Health criteria checks 4/6
IMCD has a total shareholder equity of €1.7B and total debt of €1.5B, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are €4.0B and €2.3B respectively. IMCD's EBIT is €465.3M making its interest coverage ratio 14.5. It has cash and short-term investments of €219.8M.
Key information
89.7%
Debt to equity ratio
€1.49b
Debt
Interest coverage ratio | 14.5x |
Cash | €219.79m |
Equity | €1.66b |
Total liabilities | €2.29b |
Total assets | €3.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMCD N's short term assets (€1.7B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: IMCD N's short term assets (€1.7B) exceed its long term liabilities (€958.0M).
Debt to Equity History and Analysis
Debt Level: IMCD N's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: IMCD N's debt to equity ratio has increased from 77.7% to 89.7% over the past 5 years.
Debt Coverage: IMCD N's debt is well covered by operating cash flow (28%).
Interest Coverage: IMCD N's interest payments on its debt are well covered by EBIT (14.5x coverage).