Iress Balance Sheet Health
Financial Health criteria checks 1/6
Iress has a total shareholder equity of A$272.0M and total debt of A$363.6M, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are A$792.2M and A$520.2M respectively. Iress's EBIT is A$11.4M making its interest coverage ratio 0.5. It has cash and short-term investments of A$50.7M.
Key information
133.7%
Debt to equity ratio
AU$363.56m
Debt
| Interest coverage ratio | 0.5x |
| Cash | AU$50.74m |
| Equity | AU$272.01m |
| Total liabilities | AU$520.21m |
| Total assets | AU$792.22m |
Recent financial health updates
Does Iress (ASX:IRE) Have A Healthy Balance Sheet?
May 10
Is IRESS (ASX:IRE) Using Too Much Debt?
Dec 10
Recent updates
Estimating The Intrinsic Value Of Iress Limited (ASX:IRE)
Sep 17What Does Iress Limited's (ASX:IRE) Share Price Indicate?
Jul 29Iress (ASX:IRE) Will Will Want To Turn Around Its Return Trends
Jun 14Is There An Opportunity With Iress Limited's (ASX:IRE) 32% Undervaluation?
May 21Does Iress (ASX:IRE) Have A Healthy Balance Sheet?
May 10Shareholders May Be More Conservative With Iress Limited's (ASX:IRE) CEO Compensation For Now
Apr 29Looking For Steady Income For Your Dividend Portfolio? Is Iress Limited (ASX:IRE) A Good Fit?
Mar 29How Much Did Iress'(ASX:IRE) Shareholders Earn From Share Price Movements Over The Last Five Years?
Mar 18Here's What To Make Of Iress' (ASX:IRE) Returns On Capital
Mar 07Trade Alert: The Non-Executive Director Of Iress Limited (ASX:IRE), Roger Sharp, Has Just Spent AU$100k Buying A Few More Shares
Feb 24Here's Why We're Wary Of Buying IRESS' (ASX:IRE) For Its Upcoming Dividend
Feb 21IRESS Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 20Is The Market Rewarding IRESS Limited (ASX:IRE) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Feb 11IRESS Limited (ASX:IRE) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jan 31How Much Are IRESS Limited (ASX:IRE) Insiders Spending On Buying Shares?
Jan 20What Does IRESS Limited's (ASX:IRE) Share Price Indicate?
Jan 09Do Institutions Own IRESS Limited (ASX:IRE) Shares?
Dec 28Our View On IRESS' (ASX:IRE) CEO Pay
Dec 19Is IRESS (ASX:IRE) Using Too Much Debt?
Dec 10Financial Position Analysis
Short Term Liabilities: IRE's short term assets (A$141.2M) exceed its short term liabilities (A$110.1M).
Long Term Liabilities: IRE's short term assets (A$141.2M) do not cover its long term liabilities (A$410.1M).
Debt to Equity History and Analysis
Debt Level: IRE's net debt to equity ratio (115%) is considered high.
Reducing Debt: IRE's debt to equity ratio has increased from 48.7% to 133.7% over the past 5 years.
Debt Coverage: IRE's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: IRE's interest payments on its debt are not well covered by EBIT (0.5x coverage).