Insignia Financial Balance Sheet Health
Financial Health criteria checks 2/6
Insignia Financial has a total shareholder equity of A$2.0B and total debt of A$778.8M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are A$3.6B and A$1.5B respectively. Insignia Financial's EBIT is A$57.4M making its interest coverage ratio 1. It has cash and short-term investments of A$373.5M.
Key information
38.1%
Debt to equity ratio
AU$778.80m
Debt
| Interest coverage ratio | 1x |
| Cash | AU$373.50m |
| Equity | AU$2.04b |
| Total liabilities | AU$1.54b |
| Total assets | AU$3.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFL's short term assets (A$821.9M) exceed its short term liabilities (A$577.3M).
Long Term Liabilities: IFL's short term assets (A$821.9M) do not cover its long term liabilities (A$967.0M).
Debt to Equity History and Analysis
Debt Level: IFL's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: IFL's debt to equity ratio has increased from 25.7% to 38.1% over the past 5 years.
Debt Coverage: IFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IFL's interest payments on its debt are not well covered by EBIT (1x coverage).