Iveco Group Balance Sheet Health
Financial Health criteria checks 4/6
Iveco Group has a total shareholder equity of €2.5B and total debt of €5.3B, which brings its debt-to-equity ratio to 212%. Its total assets and total liabilities are €18.0B and €15.6B respectively. Iveco Group's EBIT is €829.0M making its interest coverage ratio 5.8. It has cash and short-term investments of €2.3B.
Key information
212.0%
Debt to equity ratio
€5.25b
Debt
| Interest coverage ratio | 5.8x |
| Cash | €2.25b |
| Equity | €2.48b |
| Total liabilities | €15.55b |
| Total assets | €18.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVCG.F's short term assets (€12.1B) exceed its short term liabilities (€7.4B).
Long Term Liabilities: IVCG.F's short term assets (€12.1B) exceed its long term liabilities (€8.1B).
Debt to Equity History and Analysis
Debt Level: IVCG.F's net debt to equity ratio (121.2%) is considered high.
Reducing Debt: IVCG.F's debt to equity ratio has increased from 109.1% to 212% over the past 5 years.
Debt Coverage: IVCG.F's debt is well covered by operating cash flow (24.3%).
Interest Coverage: IVCG.F's interest payments on its debt are well covered by EBIT (5.8x coverage).