Imaflex Balance Sheet Health
Financial Health criteria checks 6/6
Imaflex has a total shareholder equity of CA$61.6M and total debt of CA$560.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CA$84.1M and CA$22.5M respectively. Imaflex's EBIT is CA$6.6M making its interest coverage ratio 9.4. It has cash and short-term investments of CA$687.0K.
Key information
0.9%
Debt to equity ratio
CA$560.00k
Debt
| Interest coverage ratio | 9.4x |
| Cash | CA$687.00k |
| Equity | CA$61.62m |
| Total liabilities | CA$22.49m |
| Total assets | CA$84.11m |
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) Is Reinvesting At Lower Rates Of Return
Aug 29Market Might Still Lack Some Conviction On Imaflex Inc. (CVE:IFX) Even After 28% Share Price Boost
Aug 29Revenues Not Telling The Story For Imaflex Inc. (CVE:IFX) After Shares Rise 48%
Jun 13There May Be Some Bright Spots In Imaflex's (CVE:IFX) Earnings
Jun 05Imaflex (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$31.8M) exceed its short term liabilities (CA$11.3M).
Long Term Liabilities: IFX's short term assets (CA$31.8M) exceed its long term liabilities (CA$11.2M).
Debt to Equity History and Analysis
Debt Level: IFX has more cash than its total debt.
Reducing Debt: IFX's debt to equity ratio has reduced from 29.9% to 0.9% over the past 5 years.
Debt Coverage: IFX's debt is well covered by operating cash flow (1402.6%).
Interest Coverage: IFX's interest payments on its debt are well covered by EBIT (9.4x coverage).