iFabric Balance Sheet Health
Financial Health criteria checks 6/6
iFabric has a total shareholder equity of CA$20.7M and total debt of CA$1.6M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CA$25.9M and CA$5.2M respectively. iFabric's EBIT is CA$684.0K making its interest coverage ratio 7.8. It has cash and short-term investments of CA$1.6M.
Key information
7.5%
Debt to equity ratio
CA$1.56m
Debt
Interest coverage ratio | 7.8x |
Cash | CA$1.57m |
Equity | CA$20.70m |
Total liabilities | CA$5.21m |
Total assets | CA$25.91m |
Recent financial health updates
No updates
Recent updates
iFabric Corp. (TSE:IFA) Might Not Be As Mispriced As It Looks After Plunging 29%
Feb 13It's Down 29% But iFabric Corp. (TSE:IFA) Could Be Riskier Than It Looks
Feb 13Capital Allocation Trends At iFabric (TSE:IFA) Aren't Ideal
Oct 14Here's Why iFabric (TSE:IFA) Has Caught The Eye Of Investors
Aug 05iFabric (TSE:IFA) May Have Issues Allocating Its Capital
Jul 05Some Investors May Be Worried About iFabric's (TSE:IFA) Returns On Capital
Nov 23iFabric (TSE:IFA) Is Reinvesting At Lower Rates Of Return
Jun 18Returns At iFabric (TSE:IFA) Are On The Way Up
Dec 03iFabric (TSE:IFA) Is Posting Healthy Earnings, But It Is Not All Good News
May 19We Think Shareholders May Consider Being More Generous With iFabric Corp.'s (TSE:IFA) CEO Compensation Package
Mar 25What Is The Ownership Structure Like For iFabric Corp. (TSE:IFA)?
Feb 22Here's What We Think About iFabric's (TSE:IFA) CEO Pay
Jan 26Did You Miss iFabric's (TSE:IFA) Whopping 422% Share Price Gain?
Dec 04Financial Position Analysis
Short Term Liabilities: IFA's short term assets (CA$19.9M) exceed its short term liabilities (CA$4.3M).
Long Term Liabilities: IFA's short term assets (CA$19.9M) exceed its long term liabilities (CA$906.8K).
Debt to Equity History and Analysis
Debt Level: IFA has more cash than its total debt.
Reducing Debt: IFA's debt to equity ratio has reduced from 17.5% to 7.5% over the past 5 years.
Debt Coverage: IFA's debt is well covered by operating cash flow (53.5%).
Interest Coverage: IFA's interest payments on its debt are well covered by EBIT (7.8x coverage).