iomart Group Balance Sheet Health
Financial Health criteria checks 5/6
iomart Group has a total shareholder equity of £123.4M and total debt of £40.0M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are £230.9M and £107.5M respectively. iomart Group's EBIT is £14.0M making its interest coverage ratio 3.3. It has cash and short-term investments of £15.8M.
Key information
32.4%
Debt to equity ratio
UK£40.00m
Debt
| Interest coverage ratio | 3.3x |
| Cash | UK£15.76m |
| Equity | UK£123.40m |
| Total liabilities | UK£107.47m |
| Total assets | UK£230.87m |
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
iomart Group (LON:IOM) Has Announced A Dividend Of £0.03
Jul 23iomart Group (LON:IOM) Will Pay A Dividend Of £0.03
Jun 19A 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 31Financial Position Analysis
Short Term Liabilities: IOM's short term assets (£42.2M) exceed its short term liabilities (£41.1M).
Long Term Liabilities: IOM's short term assets (£42.2M) do not cover its long term liabilities (£66.4M).
Debt to Equity History and Analysis
Debt Level: IOM's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: IOM's debt to equity ratio has reduced from 46.5% to 32.4% over the past 5 years.
Debt Coverage: IOM's debt is well covered by operating cash flow (89.8%).
Interest Coverage: IOM's interest payments on its debt are well covered by EBIT (3.3x coverage).