Itafos Balance Sheet Health
Financial Health criteria checks 5/6
Itafos has a total shareholder equity of $258.7M and total debt of $90.6M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $587.2M and $328.5M respectively. Itafos's EBIT is $90.6M making its interest coverage ratio 6.7. It has cash and short-term investments of $31.0M.
Key information
35.0%
Debt to equity ratio
US$90.57m
Debt
Interest coverage ratio | 6.7x |
Cash | US$31.05m |
Equity | US$258.73m |
Total liabilities | US$328.50m |
Total assets | US$587.23m |
Recent financial health updates
Does Itafos (CVE:IFOS) Have A Healthy Balance Sheet?
Aug 02Is Itafos (CVE:IFOS) Using Too Much Debt?
Feb 03Is Itafos (CVE:IFOS) Using Too Much Debt?
Sep 08These 4 Measures Indicate That Itafos (CVE:IFOS) Is Using Debt Extensively
May 11Health Check: How Prudently Does Itafos (CVE:IFOS) Use Debt?
Aug 25Is Itafos (CVE:IFOS) Using Debt In A Risky Way?
Apr 12Recent updates
Itafos' (CVE:IFOS) Soft Earnings Are Actually Better Than They Appear
Mar 29Little Excitement Around Itafos Inc.'s (CVE:IFOS) Earnings
Nov 10Itafos (CVE:IFOS) Knows How To Allocate Capital Effectively
Sep 16Does Itafos (CVE:IFOS) Have A Healthy Balance Sheet?
Aug 02Is Itafos (CVE:IFOS) Using Too Much Debt?
Feb 03Is Itafos (CVE:IFOS) Using Too Much Debt?
Sep 08These 4 Measures Indicate That Itafos (CVE:IFOS) Is Using Debt Extensively
May 11Health Check: How Prudently Does Itafos (CVE:IFOS) Use Debt?
Aug 25Is Itafos (CVE:IFOS) Using Debt In A Risky Way?
Apr 12This Analyst Just Made A Massive Upgrade To Their Itafos (CVE:IFOS) Earnings Forecasts
Feb 18Can You Imagine How Elated Itafos' (CVE:IFOS) Shareholders Feel About Its 743% Share Price Gain?
Dec 17Financial Position Analysis
Short Term Liabilities: IFOS's short term assets ($199.0M) exceed its short term liabilities ($106.6M).
Long Term Liabilities: IFOS's short term assets ($199.0M) do not cover its long term liabilities ($221.9M).
Debt to Equity History and Analysis
Debt Level: IFOS's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: IFOS's debt to equity ratio has reduced from 60.4% to 35% over the past 5 years.
Debt Coverage: IFOS's debt is well covered by operating cash flow (104.6%).
Interest Coverage: IFOS's interest payments on its debt are well covered by EBIT (6.7x coverage).