Imerys Balance Sheet Health
Financial Health criteria checks 5/6
Imerys has a total shareholder equity of €3.2B and total debt of €2.4B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are €7.2B and €4.0B respectively. Imerys's EBIT is €253.9M making its interest coverage ratio 8.4. It has cash and short-term investments of €605.9M.
Key information
74.5%
Debt to equity ratio
€2.40b
Debt
| Interest coverage ratio | 8.4x |
| Cash | €605.90m |
| Equity | €3.22b |
| Total liabilities | €3.96b |
| Total assets | €7.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMYS.F's short term assets (€2.7B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: IMYS.F's short term assets (€2.7B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: IMYS.F's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: IMYS.F's debt to equity ratio has reduced from 76.9% to 74.5% over the past 5 years.
Debt Coverage: IMYS.F's debt is well covered by operating cash flow (22.9%).
Interest Coverage: IMYS.F's interest payments on its debt are well covered by EBIT (8.4x coverage).