Iveco Group Balance Sheet Health
Financial Health criteria checks 4/6
Iveco Group has a total shareholder equity of €2.4B and total debt of €5.4B, which brings its debt-to-equity ratio to 227%. Its total assets and total liabilities are €18.4B and €16.0B respectively. Iveco Group's EBIT is €983.0M making its interest coverage ratio 6.9. It has cash and short-term investments of €2.6B.
Key information
227.0%
Debt to equity ratio
€5.41b
Debt
Interest coverage ratio | 6.9x |
Cash | €2.59b |
Equity | €2.38b |
Total liabilities | €16.00b |
Total assets | €18.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVCG.F's short term assets (€12.4B) exceed its short term liabilities (€7.7B).
Long Term Liabilities: IVCG.F's short term assets (€12.4B) exceed its long term liabilities (€8.3B).
Debt to Equity History and Analysis
Debt Level: IVCG.F's net debt to equity ratio (118.2%) is considered high.
Reducing Debt: IVCG.F's debt to equity ratio has increased from 104.5% to 227% over the past 5 years.
Debt Coverage: IVCG.F's debt is well covered by operating cash flow (27.4%).
Interest Coverage: IVCG.F's interest payments on its debt are well covered by EBIT (6.9x coverage).