Imdex Balance Sheet Health

Financial Health criteria checks 5/6

Imdex has a total shareholder equity of A$552.3M and total debt of A$96.1M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are A$783.1M and A$230.8M respectively. Imdex's EBIT is A$55.0M making its interest coverage ratio 6.4. It has cash and short-term investments of A$50.4M.

Key information

17.4%

Debt to equity ratio

AU$96.07m

Debt

Interest coverage ratio6.4x
CashAU$50.42m
EquityAU$552.33m
Total liabilitiesAU$230.81m
Total assetsAU$783.14m

Recent financial health updates

Recent updates

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Mar 26
Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Investors Appear Satisfied With Imdex Limited's (ASX:IMD) Prospects As Shares Rocket 32%

Mar 05
Investors Appear Satisfied With Imdex Limited's (ASX:IMD) Prospects As Shares Rocket 32%

The Returns On Capital At Imdex (ASX:IMD) Don't Inspire Confidence

Dec 01
The Returns On Capital At Imdex (ASX:IMD) Don't Inspire Confidence

Imdex's (ASX:IMD) Dividend Will Be Increased To A$0.021

Sep 15
Imdex's (ASX:IMD) Dividend Will Be Increased To A$0.021

Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.021

Aug 30
Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.021

Is Imdex Limited (ASX:IMD) Trading At A 42% Discount?

Aug 28
Is Imdex Limited (ASX:IMD) Trading At A 42% Discount?

Estimating The Fair Value Of Imdex Limited (ASX:IMD)

Mar 15
Estimating The Fair Value Of Imdex Limited (ASX:IMD)

Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019

Sep 19
Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019

Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.019

Sep 05
Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.019

Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019

Aug 17
Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019

Imdex (ASX:IMD) Is Experiencing Growth In Returns On Capital

Aug 08
Imdex (ASX:IMD) Is Experiencing Growth In Returns On Capital

Are Investors Undervaluing Imdex Limited (ASX:IMD) By 25%?

Jun 09
Are Investors Undervaluing Imdex Limited (ASX:IMD) By 25%?

Here's Why I Think Imdex (ASX:IMD) Might Deserve Your Attention Today

Feb 23
Here's Why I Think Imdex (ASX:IMD) Might Deserve Your Attention Today

Imdex (ASX:IMD) Shareholders Will Want The ROCE Trajectory To Continue

Feb 02
Imdex (ASX:IMD) Shareholders Will Want The ROCE Trajectory To Continue

An Intrinsic Calculation For Imdex Limited (ASX:IMD) Suggests It's 22% Undervalued

Dec 30
An Intrinsic Calculation For Imdex Limited (ASX:IMD) Suggests It's 22% Undervalued

Imdex (ASX:IMD) Has A Rock Solid Balance Sheet

Dec 16
Imdex (ASX:IMD) Has A Rock Solid Balance Sheet

Does Imdex (ASX:IMD) Deserve A Spot On Your Watchlist?

Oct 07
Does Imdex (ASX:IMD) Deserve A Spot On Your Watchlist?

Imdex's (ASX:IMD) Returns On Capital Are Heading Higher

Jun 21
Imdex's (ASX:IMD) Returns On Capital Are Heading Higher

Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly

Apr 02
Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly

Will the Promising Trends At Imdex (ASX:IMD) Continue?

Mar 20
Will the Promising Trends At Imdex (ASX:IMD) Continue?

Do Institutions Own Imdex Limited (ASX:IMD) Shares?

Mar 07
Do Institutions Own Imdex Limited (ASX:IMD) Shares?

Here's Why We Think Imdex's (ASX:IMD) Statutory Earnings Might Be Conservative

Feb 22
Here's Why We Think Imdex's (ASX:IMD) Statutory Earnings Might Be Conservative

Imdex Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 09
Imdex Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Need To Know: Imdex Limited (ASX:IMD) Insiders Have Been Selling Shares

Feb 03
Need To Know: Imdex Limited (ASX:IMD) Insiders Have Been Selling Shares

Is Imdex Limited (ASX:IMD) Worth AU$1.7 Based On Its Intrinsic Value?

Jan 19
Is Imdex Limited (ASX:IMD) Worth AU$1.7 Based On Its Intrinsic Value?

Did You Participate In Any Of Imdex's (ASX:IMD) Incredible 766% Return?

Jan 04
Did You Participate In Any Of Imdex's (ASX:IMD) Incredible 766% Return?

Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly

Dec 20
Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly

Has Imdex Limited's (ASX:IMD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 06
Has Imdex Limited's (ASX:IMD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Will The ROCE Trend At Imdex (ASX:IMD) Continue?

Nov 22
Will The ROCE Trend At Imdex (ASX:IMD) Continue?

Are Insiders Selling Imdex Limited (ASX:IMD) Stock?

Sep 07
Are Insiders Selling Imdex Limited (ASX:IMD) Stock?

Financial Position Analysis

Short Term Liabilities: IMD's short term assets (A$217.3M) exceed its short term liabilities (A$94.5M).

Long Term Liabilities: IMD's short term assets (A$217.3M) exceed its long term liabilities (A$136.3M).


Debt to Equity History and Analysis

Debt Level: IMD's net debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: IMD's debt to equity ratio has increased from 3% to 17.4% over the past 5 years.

Debt Coverage: IMD's debt is well covered by operating cash flow (101.2%).

Interest Coverage: IMD's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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