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 75.3%. Its total assets and total liabilities are €7.2B and €4.0B respectively. Imerys's EBIT is €282.2M making its interest coverage ratio 10. It has cash and short-term investments of €1.3B.
Key information
75.3%
Debt to equity ratio
€2.38b
Debt
| Interest coverage ratio | 10x |
| Cash | €1.26b |
| Equity | €3.16b |
| Total liabilities | €3.99b |
| Total assets | €7.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMYS.Y's short term assets (€2.7B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: IMYS.Y's short term assets (€2.7B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: IMYS.Y's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: IMYS.Y's debt to equity ratio has increased from 66.9% to 75.3% over the past 5 years.
Debt Coverage: IMYS.Y's debt is well covered by operating cash flow (25.4%).
Interest Coverage: IMYS.Y's interest payments on its debt are well covered by EBIT (10x coverage).