Illuminator Investment Balance Sheet Health
Financial Health criteria checks 2/6
Illuminator Investment has a total shareholder equity of A$3.9M and total debt of A$754.2K, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are A$5.4M and A$1.5M respectively.
Key information
19.3%
Debt to equity ratio
AU$754.24k
Debt
Interest coverage ratio | n/a |
Cash | AU$97.13k |
Equity | AU$3.91m |
Total liabilities | AU$1.50m |
Total assets | AU$5.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IIC's short term assets (A$229.2K) do not cover its short term liabilities (A$913.9K).
Long Term Liabilities: IIC's short term assets (A$229.2K) do not cover its long term liabilities (A$589.0K).
Debt to Equity History and Analysis
Debt Level: IIC's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: IIC's debt to equity ratio has reduced from 24.1% to 19.3% 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 11.2% each year