Insignia Financial Balance Sheet Health
Financial Health criteria checks 3/6
Insignia Financial has a total shareholder equity of A$2.2B and total debt of A$862.4M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are A$3.8B and A$1.6B respectively. Insignia Financial's EBIT is A$200.7M making its interest coverage ratio 3.6. It has cash and short-term investments of A$640.6M.
Key information
38.7%
Debt to equity ratio
AU$862.40m
Debt
Interest coverage ratio | 3.6x |
Cash | AU$640.60m |
Equity | AU$2.23b |
Total liabilities | AU$1.56b |
Total assets | AU$3.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFL's short term assets (A$1.1B) exceed its short term liabilities (A$180.3M).
Long Term Liabilities: IFL's short term assets (A$1.1B) do not cover its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: IFL's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: IFL's debt to equity ratio has increased from 22.5% to 38.7% 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 well covered by EBIT (3.6x coverage).