Illuminator Investment Balance Sheet Health
Financial Health criteria checks 2/6
Illuminator Investment has a total shareholder equity of A$3.8M and total debt of A$787.5K, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are A$5.5M and A$1.7M respectively.
Key information
20.7%
Debt to equity ratio
AU$787.47k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$126.12k |
| Equity | AU$3.80m |
| Total liabilities | AU$1.65m |
| Total assets | AU$5.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IIC's short term assets (A$308.1K) do not cover its short term liabilities (A$1.1M).
Long Term Liabilities: IIC's short term assets (A$308.1K) do not cover its long term liabilities (A$570.7K).
Debt to Equity History and Analysis
Debt Level: IIC's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: IIC's debt to equity ratio has reduced from 28.4% to 20.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IIC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IIC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.9% each year