Imaflex Balance Sheet Health
Financial Health criteria checks 6/6
Imaflex has a total shareholder equity of CA$55.9M and total debt of CA$4.2M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CA$78.4M and CA$22.6M respectively. Imaflex's EBIT is CA$3.0M making its interest coverage ratio 5. It has cash and short-term investments of CA$799.1K.
Key information
7.5%
Debt to equity ratio
CA$4.19m
Debt
| Interest coverage ratio | 5x |
| Cash | CA$799.13k |
| Equity | CA$55.86m |
| Total liabilities | CA$22.59m |
| Total assets | CA$78.45m |
Recent financial health updates
Is Imaflex (CVE:IFX) A Risky Investment?
Nov 25
We Think Imaflex (CVE:IFX) Can Stay On Top Of Its Debt
Mar 14Does Imaflex (CVE:IFX) Have A Healthy Balance Sheet?
Aug 24Imaflex (CVE:IFX) Could Easily Take On More Debt
Oct 23Imaflex (CVE:IFX) Seems To Use Debt Rather Sparingly
Jun 03Is Imaflex (CVE:IFX) A Risky Investment?
Jan 17Recent updates
Imaflex (CVE:IFX) Might Be Having Difficulty Using Its Capital Effectively
Jan 06Is Imaflex (CVE:IFX) A Risky Investment?
Nov 25Does Imaflex (CVE:IFX) Deserve A Spot On Your Watchlist?
May 25We Think Imaflex (CVE:IFX) Can Stay On Top Of Its Debt
Mar 14Does Imaflex (CVE:IFX) Have A Healthy Balance Sheet?
Aug 24Is It Too Late To Consider Buying Imaflex Inc. (CVE:IFX)?
May 10Imaflex (CVE:IFX) Could Easily Take On More Debt
Oct 23Investors Should Be Encouraged By Imaflex's (CVE:IFX) Returns On Capital
Sep 04We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Imaflex Inc.'s (CVE:IFX) CEO For Now
Jun 10Imaflex (CVE:IFX) Seems To Use Debt Rather Sparingly
Jun 03Here's Why I Think Imaflex (CVE:IFX) Might Deserve Your Attention Today
Apr 19Imaflex (CVE:IFX) Shareholders Will Want The ROCE Trajectory To Continue
Mar 30Did Imaflex Inc. (CVE:IFX) Insiders Sell Shares?
Mar 01Is Imaflex Inc.'s (CVE:IFX) Latest Stock Performance A Reflection Of Its Financial Health?
Feb 04Is Imaflex (CVE:IFX) A Risky Investment?
Jan 17What We Make Of Imaflex's (CVE:IFX) Returns On Capital
Dec 30
Imaflex (CVE:IFX) Is Growing Earnings But Are They A Good Guide?
Dec 15Have Insiders Sold Imaflex Inc. (CVE:IFX) Shares Recently?
Nov 30What Does Imaflex's (CVE:IFX) CEO Pay Reveal?
Nov 26Financial Position Analysis
Short Term Liabilities: IFX's short term assets (CA$28.4M) exceed its short term liabilities (CA$14.4M).
Long Term Liabilities: IFX's short term assets (CA$28.4M) exceed its long term liabilities (CA$8.2M).
Debt to Equity History and Analysis
Debt Level: IFX's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: IFX's debt to equity ratio has reduced from 43.9% to 7.5% over the past 5 years.
Debt Coverage: IFX's debt is well covered by operating cash flow (129.8%).
Interest Coverage: IFX's interest payments on its debt are well covered by EBIT (5x coverage).