Itafos Balance Sheet Health
Financial Health criteria checks 6/6
Itafos has a total shareholder equity of $300.0M and total debt of $66.5M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are $604.2M and $304.2M respectively. Itafos's EBIT is $87.0M making its interest coverage ratio 8.8. It has cash and short-term investments of $59.1M.
Key information
22.2%
Debt to equity ratio
US$66.55m
Debt
Interest coverage ratio | 8.8x |
Cash | US$59.11m |
Equity | US$299.96m |
Total liabilities | US$304.24m |
Total assets | US$604.20m |
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 ($206.5M) exceed its short term liabilities ($111.2M).
Long Term Liabilities: IFOS's short term assets ($206.5M) exceed its long term liabilities ($193.1M).
Debt to Equity History and Analysis
Debt Level: IFOS's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: IFOS's debt to equity ratio has reduced from 73.4% to 22.2% 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 IFOS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IFOS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.1% per year.