Itafos Balance Sheet Health

Financial Health criteria checks 6/6

Itafos has a total shareholder equity of $300.0M and total debt of $66.5M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are $604.2M and $304.2M respectively. Itafos's EBIT is $87.0M making its interest coverage ratio 8.7. It has cash and short-term investments of $59.1M.

Key information

22.2%

Debt to equity ratio

US$66.55m

Debt

Interest coverage ratio8.7x
CashUS$59.11m
EquityUS$299.96m
Total liabilitiesUS$304.24m
Total assetsUS$604.20m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MBCF's short term assets ($206.5M) exceed its short term liabilities ($111.2M).

Long Term Liabilities: MBCF's short term assets ($206.5M) exceed its long term liabilities ($193.1M).


Debt to Equity History and Analysis

Debt Level: MBCF's net debt to equity ratio (2.5%) is considered satisfactory.

Reducing Debt: MBCF's debt to equity ratio has reduced from 73.4% to 22.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable MBCF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MBCF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.1% per year.


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