Imdex Balance Sheet Health
Financial Health criteria checks 5/6
Imdex has a total shareholder equity of A$571.3M and total debt of A$82.1M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are A$786.1M and A$214.9M respectively. Imdex's EBIT is A$70.4M making its interest coverage ratio 7.3. It has cash and short-term investments of A$47.1M.
Key information
14.4%
Debt to equity ratio
AU$82.14m
Debt
| Interest coverage ratio | 7.3x |
| Cash | AU$47.13m |
| Equity | AU$571.28m |
| Total liabilities | AU$214.87m |
| Total assets | AU$786.14m |
Recent financial health updates
Imdex (ASX:IMD) Has A Rock Solid Balance Sheet
Dec 16
Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly
Apr 02Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly
Dec 20
Recent updates
Is There An Opportunity With Imdex Limited's (ASX:IMD) 36% Undervaluation?
Aug 28A Look At The Intrinsic Value Of Imdex Limited (ASX:IMD)
May 08Be 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 20Financial Position Analysis
Short Term Liabilities: IMD's short term assets (A$217.2M) exceed its short term liabilities (A$95.2M).
Long Term Liabilities: IMD's short term assets (A$217.2M) exceed its long term liabilities (A$119.7M).
Debt to Equity History and Analysis
Debt Level: IMD's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: IMD's debt to equity ratio has increased from 2.8% to 14.4% over the past 5 years.
Debt Coverage: IMD's debt is well covered by operating cash flow (131.5%).
Interest Coverage: IMD's interest payments on its debt are well covered by EBIT (7.3x coverage).