Itesoft annual net debt
2019
2020
2021
2022
2023
Itesoft Net Debt Growth & History (ITE)
Itesoft's net debt was −€4.4M for fiscal 2023.
View full Itesoft company overviewItesoft annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | −€4.4M | €1.4M | — |
| 2022 | 2022-12-31 | −€5.7M | €25,000 | — |
| 2021 | 2021-12-31 | −€5.8M | €3.6M | — |
| 2020 | 2020-12-31 | −€9.4M | −€8.7M | — |
| 2019 | 2019-12-31 | −€667,000 | — | — |
Itesoft net debt trends
Between the periods ended 2019-12-31 and 2023-12-31, Itesoft's net debt decreased from −€667,000 to −€4.4M, a change of −€3.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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