Ingenia Communities Group Balance Sheet Health
Financial Health criteria checks 3/6
Ingenia Communities Group has a total shareholder equity of A$1.6B and total debt of A$624.3M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are A$2.4B and A$883.6M respectively. Ingenia Communities Group's EBIT is A$116.2M making its interest coverage ratio 5.3. It has cash and short-term investments of A$11.3M.
Key information
40.1%
Debt to equity ratio
AU$624.27m
Debt
| Interest coverage ratio | 5.3x |
| Cash | AU$11.26m |
| Equity | AU$1.56b |
| Total liabilities | AU$883.56m |
| Total assets | AU$2.44b |
Recent financial health updates
No updates
Recent updates
If You Like EPS Growth Then Check Out Ingenia Communities Group (ASX:INA) Before It's Too Late
May 02
If You Like EPS Growth Then Check Out Ingenia Communities Group (ASX:INA) Before It's Too Late
Jan 10Should You Be Adding Ingenia Communities Group (ASX:INA) To Your Watchlist Today?
Oct 06Newsflash: Ingenia Communities Group (ASX:INA) Analysts Have Been Trimming Their Revenue Forecasts
Aug 19This Insider Has Just Sold Shares In Ingenia Communities Group (ASX:INA)
Mar 06How Does Ingenia Communities Group's (ASX:INA) CEO Pay Compare With Company Performance?
Mar 01Has Ingenia Communities Group's (ASX:INA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 08
Should You Take Comfort From Insider Transactions At Ingenia Communities Group (ASX:INA)?
Jan 18What You Need To Know About Ingenia Communities Group's (ASX:INA) Investor Composition
Dec 28How Much Are Ingenia Communities Group (ASX:INA) Insiders Spending On Buying Shares?
Aug 06Did Ingenia Communities Group's (ASX:INA) Share Price Deserve to Gain 71%?
Jul 16Ingenia Communities Group's (ASX:INA) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jun 25Financial Position Analysis
Short Term Liabilities: INA's short term assets (A$134.3M) exceed its short term liabilities (A$113.1M).
Long Term Liabilities: INA's short term assets (A$134.3M) do not cover its long term liabilities (A$770.4M).
Debt to Equity History and Analysis
Debt Level: INA's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: INA's debt to equity ratio has increased from 33% to 40.1% over the past 5 years.
Debt Coverage: INA's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: INA's interest payments on its debt are well covered by EBIT (5.3x coverage).