IBEX Technologies Balance Sheet Health
Financial Health criteria checks 6/6
IBEX Technologies has a total shareholder equity of CA$14.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$17.2M and CA$3.0M respectively. IBEX Technologies's EBIT is CA$1.6M making its interest coverage ratio -4.9. It has cash and short-term investments of CA$8.7M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -4.9x |
| Cash | CA$8.69m |
| Equity | CA$14.23m |
| Total liabilities | CA$3.00m |
| Total assets | CA$17.23m |
Recent financial health updates
Recent updates
The Market Lifts IBEX Technologies Inc. (CVE:IBT) Shares 27% But It Can Do More
Feb 13
IBEX Technologies' (CVE:IBT) Earnings Might Not Be As Promising As They Seem
Dec 22Market Might Still Lack Some Conviction On IBEX Technologies Inc. (CVE:IBT) Even After 28% Share Price Boost
Dec 19Calculating The Fair Value Of IBEX Technologies Inc. (CVE:IBT)
Oct 05A Look At The Fair Value Of IBEX Technologies Inc. (CVE:IBT)
May 22Shareholders May Be More Conservative With IBEX Technologies Inc.'s (CVE:IBT) CEO Compensation For Now
Jan 19We Think Shareholders Will Probably Be Generous With IBEX Technologies Inc.'s (CVE:IBT) CEO Compensation
Feb 10Investors Shouldn't Be Too Comfortable With IBEX Technologies' (CVE:IBT) Robust Earnings
Mar 25IBEX Technologies Inc.'s (CVE:IBT) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 22How Should Investors React To IBEX Technologies' (CVE:IBT) CEO Pay?
Dec 29Financial Position Analysis
Short Term Liabilities: IBT's short term assets (CA$10.5M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: IBT's short term assets (CA$10.5M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: IBT is debt free.
Reducing Debt: IBT has no debt compared to 5 years ago when its debt to equity ratio was 13.3%.
Debt Coverage: IBT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IBT has no debt, therefore coverage of interest payments is not a concern.