Ion Beam Applications Balance Sheet Health
Financial Health criteria checks 4/6
Ion Beam Applications has a total shareholder equity of €86.9M and total debt of €41.6M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are €610.2M and €523.3M respectively. Ion Beam Applications's EBIT is €6.4M making its interest coverage ratio 1. It has cash and short-term investments of €103.3M.
Key information
47.9%
Debt to equity ratio
€41.58m
Debt
Interest coverage ratio | 1x |
Cash | €103.31m |
Equity | €86.90m |
Total liabilities | €523.34m |
Total assets | €610.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOBC.F's short term assets (€483.0M) exceed its short term liabilities (€478.0M).
Long Term Liabilities: IOBC.F's short term assets (€483.0M) exceed its long term liabilities (€45.3M).
Debt to Equity History and Analysis
Debt Level: IOBC.F has more cash than its total debt.
Reducing Debt: IOBC.F's debt to equity ratio has reduced from 83.2% to 47.9% over the past 5 years.
Debt Coverage: IOBC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IOBC.F's interest payments on its debt are not well covered by EBIT (1x coverage).