Italtile Balance Sheet Health
Financial Health criteria checks 6/6
Italtile has a total shareholder equity of ZAR8.2B and total debt of ZAR500.0M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ZAR10.2B and ZAR1.9B respectively. Italtile's EBIT is ZAR2.1B making its interest coverage ratio -208.3. It has cash and short-term investments of ZAR1.5B.
Key information
6.1%
Debt to equity ratio
R500.00m
Debt
| Interest coverage ratio | -208.3x |
| Cash | R1.46b |
| Equity | R8.23b |
| Total liabilities | R1.95b |
| Total assets | R10.17b |
Recent financial health updates
Italtile (JSE:ITE) Seems To Use Debt Quite Sensibly
Apr 13
Italtile (JSE:ITE) Has A Pretty Healthy Balance Sheet
Aug 31Does Italtile (JSE:ITE) Have A Healthy Balance Sheet?
Apr 21Is Italtile (JSE:ITE) Using Too Much Debt?
Aug 28Is Italtile (JSE:ITE) A Risky Investment?
Feb 22Recent updates
Italtile (JSE:ITE) Is Due To Pay A Dividend Of ZAR0.27
Feb 22Italtile Limited (JSE:ITE) Screens Well But There Might Be A Catch
Jan 26Investors Shouldn't Overlook The Favourable Returns On Capital At Italtile (JSE:ITE)
Dec 09Italtile's (JSE:ITE) Dividend Is Being Reduced To ZAR0.21
Aug 31Italtile (JSE:ITE) Seems To Use Debt Quite Sensibly
Apr 13Italtile (JSE:ITE) Is Reducing Its Dividend To ZAR0.32
Feb 16Calculating The Intrinsic Value Of Italtile Limited (JSE:ITE)
Sep 28Italtile (JSE:ITE) Has A Pretty Healthy Balance Sheet
Aug 31Capital Investment Trends At Italtile (JSE:ITE) Look Strong
Jul 23Calculating The Intrinsic Value Of Italtile Limited (JSE:ITE)
May 30Does Italtile (JSE:ITE) Have A Healthy Balance Sheet?
Apr 21Italtile's (JSE:ITE) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13Italtile (JSE:ITE) Might Become A Compounding Machine
Nov 17Is Italtile (JSE:ITE) Using Too Much Debt?
Aug 28Shareholders Are Optimistic That Italtile (JSE:ITE) Will Multiply In Value
Jul 09Here's What Italtile's (JSE:ITE) Strong Returns On Capital Mean
Apr 06Would Italtile Limited (JSE:ITE) Be Valuable To Income Investors?
Mar 19Read This Before Considering Italtile Limited (JSE:ITE) For Its Upcoming R0.31 Dividend
Feb 27Is Italtile (JSE:ITE) A Risky Investment?
Feb 22Shareholders Of Italtile (JSE:ITE) Must Be Happy With Their 80% Return
Feb 05
Italtile Limited's (JSE:ITE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 12The Returns At Italtile (JSE:ITE) Provide Us With Signs Of What's To Come
Dec 23What We Learned About Italtile's (JSE:ITE) CEO Pay
Dec 09Is Italtile Limited (JSE:ITE) A Good Fit For Your Dividend Portfolio?
Nov 24Financial Position Analysis
Short Term Liabilities: ITE's short term assets (ZAR3.7B) exceed its short term liabilities (ZAR1.3B).
Long Term Liabilities: ITE's short term assets (ZAR3.7B) exceed its long term liabilities (ZAR618.0M).
Debt to Equity History and Analysis
Debt Level: ITE has more cash than its total debt.
Reducing Debt: ITE's debt to equity ratio has reduced from 12% to 6.1% over the past 5 years.
Debt Coverage: ITE's debt is well covered by operating cash flow (419.2%).
Interest Coverage: ITE earns more interest than it pays, so coverage of interest payments is not a concern.