iomart Group Balance Sheet Health
Financial Health criteria checks 5/6
iomart Group has a total shareholder equity of £122.3M and total debt of £39.9M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are £222.5M and £100.2M respectively. iomart Group's EBIT is £13.0M making its interest coverage ratio 3.5. It has cash and short-term investments of £10.7M.
Key information
32.6%
Debt to equity ratio
UK£39.90m
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£10.67m |
| Equity | UK£122.28m |
| Total liabilities | UK£100.18m |
| Total assets | UK£222.46m |
Recent financial health updates
iomart Group (LON:IOM) Seems To Use Debt Quite Sensibly
Feb 23
Does iomart Group (LON:IOM) Have A Healthy Balance Sheet?
Feb 03iomart Group (LON:IOM) Seems To Use Debt Quite Sensibly
Dec 31
Recent updates
A Look At The Fair Value Of iomart Group plc (LON:IOM)
Apr 15iomart Group (LON:IOM) Seems To Use Debt Quite Sensibly
Feb 23iomart Group's (LON:IOM) Dividend Will Be £0.0194
Dec 22iomart Group's (LON:IOM) Dividend Will Be £0.0194
Dec 08iomart Group (LON:IOM) Is Reducing Its Dividend To £0.035
Jun 16Calculating The Intrinsic Value Of iomart Group plc (LON:IOM)
Apr 28Does iomart Group (LON:IOM) Have A Healthy Balance Sheet?
Feb 03Returns On Capital Signal Tricky Times Ahead For iomart Group (LON:IOM)
Oct 13A Look At The Fair Value Of iomart Group plc (LON:IOM)
Jun 15iomart Group (LON:IOM) Is Reinvesting At Lower Rates Of Return
Jan 25iomart Group plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jun 17iomart Group (LON:IOM) May Have Issues Allocating Its Capital
May 31When Should You Buy iomart Group plc (LON:IOM)?
Apr 19Introducing iomart Group (LON:IOM), A Stock That Climbed 20% In The Last Five Years
Mar 16Should We Be Excited About The Trends Of Returns At iomart Group (LON:IOM)?
Feb 22Are iomart Group plc's (LON:IOM) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Feb 05Is There Now An Opportunity In iomart Group plc (LON:IOM)?
Jan 18iomart Group (LON:IOM) Seems To Use Debt Quite Sensibly
Dec 31Introducing iomart Group (LON:IOM), A Stock That Climbed 24% In The Last Five Years
Dec 13Returns On Capital At iomart Group (LON:IOM) Paint An Interesting Picture
Nov 24Financial Position Analysis
Short Term Liabilities: IOM's short term assets (£36.8M) exceed its short term liabilities (£33.7M).
Long Term Liabilities: IOM's short term assets (£36.8M) do not cover its long term liabilities (£66.5M).
Debt to Equity History and Analysis
Debt Level: IOM's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: IOM's debt to equity ratio has reduced from 42.4% to 32.6% over the past 5 years.
Debt Coverage: IOM's debt is well covered by operating cash flow (88.8%).
Interest Coverage: IOM's interest payments on its debt are well covered by EBIT (3.5x coverage).