iCandy Interactive Limited

ASX:ICI Stock Report

Market Cap: AU$26.9m

iCandy Interactive Balance Sheet Health

Financial Health criteria checks 6/6

iCandy Interactive has a total shareholder equity of A$65.2M and total debt of A$4.3M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are A$72.2M and A$7.0M respectively.

Key information

6.6%

Debt to equity ratio

AU$4.28m

Debt

Interest coverage ration/a
CashAU$5.19m
EquityAU$65.20m
Total liabilitiesAU$7.04m
Total assetsAU$72.24m

Recent financial health updates

Recent updates

Is iCandy Interactive (ASX:ICI) Weighed On By Its Debt Load?

Oct 11
Is iCandy Interactive (ASX:ICI) Weighed On By Its Debt Load?

Even With A 36% Surge, Cautious Investors Are Not Rewarding iCandy Interactive Limited's (ASX:ICI) Performance Completely

Aug 30
Even With A 36% Surge, Cautious Investors Are Not Rewarding iCandy Interactive Limited's (ASX:ICI) Performance Completely

Investors Give iCandy Interactive Limited (ASX:ICI) Shares A 31% Hiding

May 06
Investors Give iCandy Interactive Limited (ASX:ICI) Shares A 31% Hiding

Is iCandy Interactive (ASX:ICI) Using Debt Sensibly?

Apr 11
Is iCandy Interactive (ASX:ICI) Using Debt Sensibly?

Slammed 27% iCandy Interactive Limited (ASX:ICI) Screens Well Here But There Might Be A Catch

Feb 20
Slammed 27% iCandy Interactive Limited (ASX:ICI) Screens Well Here But There Might Be A Catch

iCandy Interactive Limited (ASX:ICI) Stock Rockets 30% But Many Are Still Ignoring The Company

Jan 04
iCandy Interactive Limited (ASX:ICI) Stock Rockets 30% But Many Are Still Ignoring The Company

Here's Why iCandy Interactive (ASX:ICI) Can Manage Its Debt Despite Losing Money

Sep 03
Here's Why iCandy Interactive (ASX:ICI) Can Manage Its Debt Despite Losing Money

Is iCandy Interactive (ASX:ICI) A Risky Investment?

Jun 05
Is iCandy Interactive (ASX:ICI) A Risky Investment?

Calculating The Fair Value Of iCandy Interactive Limited (ASX:ICI)

Jan 12
Calculating The Fair Value Of iCandy Interactive Limited (ASX:ICI)

iCandy Interactive (ASX:ICI) Seems To Use Debt Rather Sparingly

Nov 02
iCandy Interactive (ASX:ICI) Seems To Use Debt Rather Sparingly

Announcing: iCandy Interactive (ASX:ICI) Stock Soared An Exciting 539% In The Last Year

Feb 13
Announcing: iCandy Interactive (ASX:ICI) Stock Soared An Exciting 539% In The Last Year

Financial Position Analysis

Short Term Liabilities: ICI's short term assets (A$12.3M) exceed its short term liabilities (A$3.9M).

Long Term Liabilities: ICI's short term assets (A$12.3M) exceed its long term liabilities (A$3.2M).


Debt to Equity History and Analysis

Debt Level: ICI has more cash than its total debt.

Reducing Debt: ICI's debt to equity ratio has reduced from 18.8% to 6.6% 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: ICI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ICI has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 46.4% each year.


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