Imdex Balance Sheet Health

Financial Health criteria checks 5/6

Imdex has a total shareholder equity of A$652.6M and total debt of A$76.5M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are A$884.4M and A$231.8M respectively. Imdex's EBIT is A$75.2M making its interest coverage ratio 7.4. It has cash and short-term investments of A$49.3M.

Key information

11.73%

Debt to equity ratio

AU$76.53m

Debt

Interest coverage ratio	7.4x
Cash	AU$49.31m
Equity	AU$652.61m
Total liabilities	AU$231.78m
Total assets	AU$884.39m

Recent financial health updates

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

Nov 13

Imdex (ASX:IMD) Seems To Use Debt Rather Sparingly

Jun 25

Recent updates

Imdex Limited's (ASX:IMD) Popularity With Investors Is Under Threat From Overpricing

Aug 11

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

Jul 22

Imdex (ASX:IMD) Seems To Use Debt Rather Sparingly

Jun 25

Calculating The Intrinsic Value Of Imdex Limited (ASX:IMD)

Apr 30

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

Mar 13

Acquisitions Like Devico And Technologies Like OMNIx Will Strengthen Future Market Position

Mar 11 Imdex's innovation-driven growth strategy, supported by R&D, is boosting revenues and margins through high-margin products and technologies like OMNIx and LOGRx.

Why Investors Shouldn't Be Surprised By Imdex Limited's (ASX:IMD) P/E

Jan 21

Imdex Limited's (ASX:IMD) Intrinsic Value Is Potentially 46% Above Its Share Price

Dec 12

Earnings Tell The Story For Imdex Limited (ASX:IMD)

Sep 27

Is There An Opportunity With Imdex Limited's (ASX:IMD) 36% Undervaluation?

Aug 28

A Look At The Intrinsic Value Of Imdex Limited (ASX:IMD)

May 08

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

Mar 26

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

Mar 05

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

Dec 01

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

Sep 15

Financial Position Analysis

Short Term Liabilities: IMD's short term assets (A$240.0M) exceed its short term liabilities (A$94.2M).

Long Term Liabilities: IMD's short term assets (A$240.0M) exceed its long term liabilities (A$137.5M).

Debt to Equity History and Analysis

Debt Level: IMD's net debt to equity ratio (4.2%) is considered satisfactory.

Reducing Debt: IMD's debt to equity ratio has increased from 5.5% to 11.7% over the past 5 years.

Debt Coverage: IMD's debt is well covered by operating cash flow (154.7%).

Interest Coverage: IMD's interest payments on its debt are well covered by EBIT (7.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/21 23:20
End of Day Share Price	2026/04/21 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Imdex Limited is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Megan Kirby-Lewis	Barrenjoey Markets Pty Limited
Josh Kannourakis	Barrenjoey Markets Pty Limited
Joseph House	Bell Potter

Imdex Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

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

Imdex (ASX:IMD) Seems To Use Debt Rather Sparingly

Recent updates

Independent Non-Executive Chairman recently bought AU$2.0m worth of stock

Investor sentiment deteriorates as stock falls 15%

First half dividend increased to AU$0.017

Imdex Limited Announces Fully Franked Dividend for the Six Months Ended December 31, 2025, Payable on 26 March, 2026

First half 2026 earnings released: EPS: AU$0.051 (vs AU$0.061 in 1H 2025)

Price target increased by 7.7% to AU$3.87

Consensus EPS estimates fall by 30%, revenue upgraded

Imdex Limited (ASX:IMD) completed the acquisition of Advanced Logic Technology from Jean Luc Deltombe, Annick Henriette and others.

Investor Optimism Abounds Imdex Limited (ASX:IMD) But Growth Is Lacking

Now 20% undervalued

Imdex Limited (ASX:IMD) acquired remaining 49% stake in Datarock Holdings Pty Ltd for AUD 31 million.

Now 21% undervalued after recent price drop

Independent Non-Executive Chairman recently sold AU$466k worth of stock

Independent Non-Executive Chairman recently sold AU$504k worth of stock

Imdex Limited (ASX:IMD) entered into binding agreement to acquire Advanced Logic Technology from Jean Luc Deltombe, Annick Henriette and others for €75.8 million.

Now 20% undervalued

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

The Returns At Imdex (ASX:IMD) Aren't Growing

Now 22% undervalued

Is Imdex Limited (ASX:IMD) Trading At A 21% Discount?

Upcoming dividend of AU$0.01 per share

Imdex Limited, Annual General Meeting, Oct 16, 2025

MD, CEO & Director exercised options to buy AU$750k worth of stock.

Consensus EPS estimates fall by 14%, revenue upgraded

Imdex Limited (ASX:IMD) completed the acquisition of 80.50% stake in Earth Science Analytics AS from from non-employee shareholders.

Final dividend reduced to AU$0.01

Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 9.4% to AU$3.27

Imdex Limited Announces Ordinary Fully Paid Distribution for the Full Year Ended June 30, 2025, Payable on October 09, 2025

Now 21% overvalued after recent price rise

Imdex Limited to Report Fiscal Year 2026 Results on Aug 17, 2026

Imdex Limited's (ASX:IMD) Popularity With Investors Is Under Threat From Overpricing

Imdex Limited (ASX:IMD) agreed to acquire 80.50% stake in Earth Science Analytics AS from from non-employee shareholders for approximately NOK 170 million.

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

Imdex (ASX:IMD) Seems To Use Debt Rather Sparingly

Imdex Limited to Report Q1, 2026 Results on Oct 16, 2025

Calculating The Intrinsic Value Of Imdex Limited (ASX:IMD)

Now 22% undervalued

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

Acquisitions Like Devico And Technologies Like OMNIx Will Strengthen Future Market Position

Upcoming dividend of AU$0.015 per share

Investor sentiment improves as stock rises 15%

First half dividend of AU$0.015 announced

First half 2025 earnings released: EPS: AU$0.061 (vs AU$0.033 in 1H 2024)

Price target increased by 22% to AU$2.87

Consensus EPS estimates increase by 12%, revenue downgraded

Imdex Limited Declares Interim Fully Franked Dividend

Why Investors Shouldn't Be Surprised By Imdex Limited's (ASX:IMD) P/E

Imdex Limited's (ASX:IMD) Intrinsic Value Is Potentially 46% Above Its Share Price

Earnings Tell The Story For Imdex Limited (ASX:IMD)

Upcoming dividend of AU$0.013 per share

MD, CEO & Director exercised options to buy AU$952k worth of stock.

Imdex Limited, Annual General Meeting, Oct 17, 2024

Imdex Limited to Report Fiscal Year 2025 Results on Aug 20, 2025

Is There An Opportunity With Imdex Limited's (ASX:IMD) 36% Undervaluation?

Consensus EPS estimates fall by 11%

Final dividend reduced to AU$0.013

Imdex Limited Announces Ordinary Fully Franked Dividend for the Twelve Months Ended June 30, 2024, Payable on October 10, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Now 22% undervalued

Imdex Limited Announces Chief Financial Officer Changes

MD, CEO & Director exercised options to buy AU$125k worth of stock.

A Look At The Intrinsic Value Of Imdex Limited (ASX:IMD)

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

Upcoming dividend of AU$0.015 per share

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

Now 21% undervalued

Consensus EPS estimates fall by 11%, revenue upgraded

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.057 in 1H 2023)

Price target increased by 9.6% to AU$2.18

Investor sentiment improves as stock rises 22%

Now 21% undervalued

Investor sentiment improves as stock rises 15%