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 ratio | 6.4x |
Cash | AU$50.42m |
Equity | AU$552.33m |
Total liabilities | AU$230.81m |
Total assets | AU$783.14m |
Recent financial health updates
Imdex (ASX:IMD) Has A Rock Solid Balance Sheet
Dec 16Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly
Apr 02Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly
Dec 20Recent updates
Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital
Mar 26Investors Appear Satisfied With Imdex Limited's (ASX:IMD) Prospects As Shares Rocket 32%
Mar 05The Returns On Capital At Imdex (ASX:IMD) Don't Inspire Confidence
Dec 01Imdex's (ASX:IMD) Dividend Will Be Increased To A$0.021
Sep 15Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.021
Aug 30Is Imdex Limited (ASX:IMD) Trading At A 42% Discount?
Aug 28Estimating The Fair Value Of Imdex Limited (ASX:IMD)
Mar 15Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019
Sep 19Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.019
Sep 05Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019
Aug 17Imdex (ASX:IMD) Is Experiencing Growth In Returns On Capital
Aug 08Are Investors Undervaluing Imdex Limited (ASX:IMD) By 25%?
Jun 09Here's Why I Think Imdex (ASX:IMD) Might Deserve Your Attention Today
Feb 23Imdex (ASX:IMD) Shareholders Will Want The ROCE Trajectory To Continue
Feb 02An Intrinsic Calculation For Imdex Limited (ASX:IMD) Suggests It's 22% Undervalued
Dec 30Imdex (ASX:IMD) Has A Rock Solid Balance Sheet
Dec 16Does Imdex (ASX:IMD) Deserve A Spot On Your Watchlist?
Oct 07Imdex's (ASX:IMD) Returns On Capital Are Heading Higher
Jun 21Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly
Apr 02Will the Promising Trends At Imdex (ASX:IMD) Continue?
Mar 20Do Institutions Own Imdex Limited (ASX:IMD) Shares?
Mar 07Here's Why We Think Imdex's (ASX:IMD) Statutory Earnings Might Be Conservative
Feb 22Imdex Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 09Need To Know: Imdex Limited (ASX:IMD) Insiders Have Been Selling Shares
Feb 03Is Imdex Limited (ASX:IMD) Worth AU$1.7 Based On Its Intrinsic Value?
Jan 19Did You Participate In Any Of Imdex's (ASX:IMD) Incredible 766% Return?
Jan 04Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly
Dec 20Has Imdex Limited's (ASX:IMD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 06Will The ROCE Trend At Imdex (ASX:IMD) Continue?
Nov 22Are Insiders Selling Imdex Limited (ASX:IMD) Stock?
Sep 07Financial 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).