Italtile Financial Health
How is Italtile's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ITE's short term assets (ZAR2.6B) exceed its short term liabilities (ZAR725.0M).
Long Term Liabilities: ITE's short term assets (ZAR2.6B) exceed its long term liabilities (ZAR1.0B).
Debt to Equity History and Analysis
Debt Level: ITE's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: ITE's debt to equity ratio has increased from 0% to 7.9% over the past 5 years.
Debt Coverage: ITE's debt is well covered by operating cash flow (369.9%).
Interest Coverage: ITE's interest payments on its debt are well covered by EBIT (113.3x coverage).