IBC Advanced Alloys Balance Sheet Health
Financial Health criteria checks 3/6
IBC Advanced Alloys has a total shareholder equity of $2.3M and total debt of $12.5M, which brings its debt-to-equity ratio to 530.7%. Its total assets and total liabilities are $21.1M and $18.8M respectively. IBC Advanced Alloys's EBIT is $321.0K making its interest coverage ratio 0.2. It has cash and short-term investments of $418.0K.
Key information
530.69%
Debt to equity ratio
US$12.47m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$418.00k |
| Equity | US$2.35m |
| Total liabilities | US$18.78m |
| Total assets | US$21.13m |
Recent financial health updates
IBC Advanced Alloys (CVE:IB) Seems To Be Using A Lot Of Debt
Jun 21
We Think IBC Advanced Alloys (CVE:IB) Is Taking Some Risk With Its Debt
Feb 08Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Sep 25Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?
Mar 19Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?
Oct 29Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Jul 13Recent updates
IBC Advanced Alloys Corp.'s (CVE:IB) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
Sep 29Why Investors Shouldn't Be Surprised By IBC Advanced Alloys Corp.'s (CVE:IB) Low P/S
Aug 15IBC Advanced Alloys (CVE:IB) Seems To Be Using A Lot Of Debt
Jun 21IBC Advanced Alloys Corp.'s (CVE:IB) Revenues Are Not Doing Enough For Some Investors
Apr 26We Think IBC Advanced Alloys (CVE:IB) Is Taking Some Risk With Its Debt
Feb 08It's Down 27% But IBC Advanced Alloys Corp. (CVE:IB) Could Be Riskier Than It Looks
Oct 16Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?
Sep 25IBC Advanced Alloys Corp.'s (CVE:IB) Shares Not Telling The Full Story
Aug 01Is 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 ($11.0M) do not cover its short term liabilities ($14.4M).
Long Term Liabilities: IB's short term assets ($11.0M) exceed its long term liabilities ($4.4M).
Debt to Equity History and Analysis
Debt Level: IB's net debt to equity ratio (512.9%) is considered high.
Reducing Debt: IB's debt to equity ratio has increased from 113.4% to 530.7% 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, due to free cash flow being positive and growing by 34.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/07 18:40 |
| End of Day Share Price | 2025/10/07 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IBC Advanced Alloys Corp. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siddharth Rajeev | Fundamental Research Corp. |
| Dan Trang | Stonegate Capital Markets, Inc. |