IVE Group Balance Sheet Health

Financial Health criteria checks 1/6

IVE Group has a total shareholder equity of A$194.3M and total debt of A$199.1M, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are A$690.2M and A$495.9M respectively. IVE Group's EBIT is A$41.2M making its interest coverage ratio 2.6. It has cash and short-term investments of A$41.7M.

Key information

102.5%

Debt to equity ratio

AU$199.07m

Debt

Interest coverage ratio	2.6x
Cash	AU$41.66m
Equity	AU$194.30m
Total liabilities	AU$495.87m
Total assets	AU$690.16m

Recent financial health updates

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

Jun 23

Is IVE Group (ASX:IGL) Using Too Much Debt?

Mar 01

These 4 Measures Indicate That IVE Group (ASX:IGL) Is Using Debt Reasonably Well

Apr 08

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

Dec 21

Is IVE Group (ASX:IGL) A Risky Investment?

Sep 14

Recent updates

IVE Group Limited's (ASX:IGL) Price In Tune With Earnings

Mar 15

IVE Group Limited's (ASX:IGL) CEO Will Probably Have Their Compensation Approved By Shareholders

Nov 13

Be Wary Of IVE Group (ASX:IGL) And Its Returns On Capital

Oct 09

IVE Group (ASX:IGL) Is Increasing Its Dividend To A$0.085

Sep 12

IVE Group's (ASX:IGL) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 28

IVE Group (ASX:IGL) Has Announced That It Will Be Increasing Its Dividend To A$0.08

Aug 28

These 4 Measures Indicate That IVE Group (ASX:IGL) Is Using Debt Reasonably Well

Apr 08

Don't Buy IVE Group Limited (ASX:IGL) For Its Next Dividend Without Doing These Checks

Mar 04

IVE Group Limited's (ASX:IGL) Intrinsic Value Is Potentially 70% Above Its Share Price

Feb 13

How Much Are IVE Group Limited (ASX:IGL) Insiders Spending On Buying Shares?

Jan 17

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

Dec 21

Is IVE Group Limited's (ASX:IGL) Shareholder Ownership Skewed Towards Insiders?

Nov 30

Is IVE Group (ASX:IGL) A Risky Investment?

Sep 14

Have Insiders Been Buying IVE Group Limited (ASX:IGL) Shares This Year?

Aug 19

IVE Group's (ASX:IGL) Shareholders Are Down 65% On Their Shares

Jul 29

Is It Time To Consider Buying IVE Group Limited (ASX:IGL)?

Jul 07

Financial Position Analysis

Short Term Liabilities: IGL's short term assets (A$294.9M) exceed its short term liabilities (A$189.3M).

Long Term Liabilities: IGL's short term assets (A$294.9M) do not cover its long term liabilities (A$306.6M).

Debt to Equity History and Analysis

Debt Level: IGL's net debt to equity ratio (81%) is considered high.

Reducing Debt: IGL's debt to equity ratio has increased from 73.4% to 102.5% over the past 5 years.

Debt Coverage: IGL's debt is not well covered by operating cash flow (17%).

Interest Coverage: IGL's interest payments on its debt are not well covered by EBIT (2.6x coverage).

Balance Sheet

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IVE Group Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

Is IVE Group (ASX:IGL) Using Too Much Debt?

These 4 Measures Indicate That IVE Group (ASX:IGL) Is Using Debt Reasonably Well

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

Is IVE Group (ASX:IGL) A Risky Investment?

Recent updates

IVE Group Limited's (ASX:IGL) Price In Tune With Earnings

Upcoming dividend of AU$0.095 per share

First half dividend of AU$0.095 announced

First half 2024 earnings released: EPS: AU$0.085 (vs AU$0.10 in 1H 2023)

IVE Group Limited to Report First Half, 2024 Results on Feb 26, 2024

Insufficient new directors

Executive Chairman recently sold AU$776k worth of stock

Independent Non-Executive Director recently bought AU$83k worth of stock

New minor risk - Insider selling

IVE Group Limited's (ASX:IGL) CEO Will Probably Have Their Compensation Approved By Shareholders

IVE Group Limited (ASX:IGL) completed the acquisition of JacPak Pty Ltd

IVE Group Limited (ASX:IGL) entered into binding agreement to acquire JacPak Pty Ltd for AUD 35 million.

Be Wary Of IVE Group (ASX:IGL) And Its Returns On Capital

Price target decreased by 19% to AU$2.70

IVE Group (ASX:IGL) Is Increasing Its Dividend To A$0.085

IVE Group Limited, Annual General Meeting, Nov 20, 2023

Upcoming dividend of AU$0.085 per share at 8.7% yield

Consensus EPS estimates fall by 20%

IVE Group's (ASX:IGL) Shareholders Will Receive A Bigger Dividend Than Last Year

IVE Group Limited Announces Ordinary Fully Paid Distribution for Six Months Ended June 30, 2023, Payable on October 12, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

IVE Group Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

Upcoming dividend of AU$0.095 per share at 6.0% yield

First half 2023 earnings released: EPS: AU$0.10 (vs AU$0.13 in 1H 2022)

Price target increased by 14% to AU$3.38

IVE Group Limited to Report First Half, 2023 Results on Feb 23, 2023

Consensus forecasts updated

IVE Group Limited has completed a Follow-on Equity Offering in the amount of AUD 18 million.

IVE Group Limited, Annual General Meeting, Nov 22, 2022

Upcoming dividend of AU$0.08 per share

Consensus forecasts updated

IVE Group (ASX:IGL) Has Announced That It Will Be Increasing Its Dividend To A$0.08

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

IVE Group Limited Announces Earnings Guidance for the Year 2023

IVE Group Limited (ASX:IGL) entered into an implementation deed to acquire Substantially all of the assets of Ovato Limited.

Price target increased to AU$2.51

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

IVE Group Limited Provides Earnings Guidance for the Full Year 2022

Insider recently bought AU$2.2m worth of stock

Insider recently bought AU$4.5m worth of stock

IVE Group Limited to Report Fiscal Year 2022 Results on Aug 25, 2022

The IVE Group Limited Appoints Andrew Bird as an Independent Non-Executive Director

Upcoming dividend of AU$0.085 per share

Is IVE Group (ASX:IGL) Using Too Much Debt?

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

IVE Group Limited Announces Interim Dividend for the Half Year Ended 31 December 2021, Payable on April 14, 2022

Price target increased to AU$2.33

Investor sentiment improved over the past week

Price target increased to AU$1.98

Is IVE Group Limited (ASX:IGL) Trading At A 32% Discount?

We Like IVE Group's (ASX:IGL) Earnings For More Than Just Statutory Profit

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.12 loss in FY 2020)

Estimating The Fair Value Of IVE Group Limited (ASX:IGL)

These 4 Measures Indicate That IVE Group (ASX:IGL) Is Using Debt Reasonably Well

Don't Buy IVE Group Limited (ASX:IGL) For Its Next Dividend Without Doing These Checks

First half 2021 earnings released: EPS AU$0.13 (vs AU$0.078 in 1H 2020)

New 90-day high: AU$1.47

IVE Group Limited's (ASX:IGL) Intrinsic Value Is Potentially 70% Above Its Share Price

How Much Are IVE Group Limited (ASX:IGL) Insiders Spending On Buying Shares?

New 90-day high: AU$1.42

Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?

IVE Group Limited Appoints Ms. Cathy Aston as an Independent Non-Executive Director

Is IVE Group Limited's (ASX:IGL) Shareholder Ownership Skewed Towards Insiders?

IVE Group Limited Announces Change of Joint Company Secretary, Effective 25 November, 2020

New 90-day high: AU$0.96

IVE Group Limited (ASX:IGL) completed the acquisition of Selected Assets of Web Offset Printing Operation in Mandurah of Australian Community Media.

Merchant Place Investments Pty Ltd completed the acquisition of Pareto Phone Pty Ltd from IVE Group Limited (ASX:IGL).

Merchant Place Pty Ltd entered into a binding agreement to acquire Pareto Phone Pty Ltd from IVE Group Limited (ASX:IGL) for AUD 16.5 million.