IBC Advanced Alloys Balance Sheet Health
Financial Health criteria checks 3/6
IBC Advanced Alloys has a total shareholder equity of $3.0M and total debt of $14.7M, which brings its debt-to-equity ratio to 487.4%. Its total assets and total liabilities are $27.8M and $24.8M respectively.
Key information
487.4%
Debt to equity ratio
US$14.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.77m |
| Equity | US$3.02m |
| Total liabilities | US$24.79m |
| Total assets | US$27.81m |
Recent financial health updates
Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?
Mar 19
Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?
Oct 29Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Jul 13Auditors Have Doubts About IBC Advanced Alloys (CVE:IB)
Oct 31Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Sep 01These 4 Measures Indicate That IBC Advanced Alloys (CVE:IB) Is Using Debt Extensively
May 02Recent updates
Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?
Mar 19Lacklustre Performance Is Driving IBC Advanced Alloys Corp.'s (CVE:IB) 31% Price Drop
Jan 26Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?
Oct 29Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Jul 13Auditors Have Doubts About IBC Advanced Alloys (CVE:IB)
Oct 31Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Sep 01IBC Advanced Alloys (CVE:IB) Shareholders Will Want The ROCE Trajectory To Continue
Jul 02These 4 Measures Indicate That IBC Advanced Alloys (CVE:IB) Is Using Debt Extensively
May 02There's Been No Shortage Of Growth Recently For IBC Advanced Alloys' (CVE:IB) Returns On Capital
Mar 10A Look At The Intrinsic Value Of IBC Advanced Alloys Corp. (CVE:IB)
May 18Is IBC Advanced Alloys (CVE:IB) Using Debt Sensibly?
Feb 21
Financial Position Analysis
Short Term Liabilities: IB's short term assets ($15.3M) do not cover its short term liabilities ($22.6M).
Long Term Liabilities: IB's short term assets ($15.3M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: IB's net debt to equity ratio (428.7%) is considered high.
Reducing Debt: IB's debt to equity ratio has increased from 93.3% to 487.4% 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: Whilst unprofitable IB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.9% per year.