IMCD Balance Sheet Health
Financial Health criteria checks 4/6
IMCD has a total shareholder equity of €1.8B and total debt of €1.8B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are €4.5B and €2.7B respectively. IMCD's EBIT is €412.2M making its interest coverage ratio 6.9. It has cash and short-term investments of €223.8M.
Key information
103.6%
Debt to equity ratio
€1.81b
Debt
| Interest coverage ratio | 6.9x |
| Cash | €223.79m |
| Equity | €1.75b |
| Total liabilities | €2.73b |
| Total assets | €4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMDZ.F's short term assets (€1.8B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: IMDZ.F's short term assets (€1.8B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: IMDZ.F's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: IMDZ.F's debt to equity ratio has increased from 98.1% to 103.6% over the past 5 years.
Debt Coverage: IMDZ.F's debt is well covered by operating cash flow (21.8%).
Interest Coverage: IMDZ.F's interest payments on its debt are well covered by EBIT (6.9x coverage).