Imperial Equities Balance Sheet Health
Financial Health criteria checks 1/6
Imperial Equities has a total shareholder equity of CA$110.2M and total debt of CA$130.2M, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are CA$260.0M and CA$149.8M respectively. Imperial Equities's EBIT is CA$11.7M making its interest coverage ratio 2.2. It has cash and short-term investments of CA$338.6K.
Key information
118.2%
Debt to equity ratio
CA$130.22m
Debt
| Interest coverage ratio | 2.2x |
| Cash | CA$338.59k |
| Equity | CA$110.20m |
| Total liabilities | CA$149.76m |
| Total assets | CA$259.95m |
Recent financial health updates
These 4 Measures Indicate That Imperial Equities (CVE:IEI) Is Using Debt Extensively
Mar 26
We Think Imperial Equities (CVE:IEI) Is Taking Some Risk With Its Debt
Dec 17Is Imperial Equities (CVE:IEI) Using Too Much Debt?
Sep 11Here's Why Imperial Equities (CVE:IEI) Has A Meaningful Debt Burden
Jun 04These 4 Measures Indicate That Imperial Equities (CVE:IEI) Is Using Debt Extensively
Feb 13Recent updates
Imperial Equities (CVE:IEI) Will Pay A Dividend Of CA$0.02
Apr 04Shareholders Will Probably Not Have Any Issues With Imperial Equities Inc.'s (CVE:IEI) CEO Compensation
Mar 09Imperial Equities (CVE:IEI) Is Paying Out A Dividend Of CA$0.02
Jul 08These 4 Measures Indicate That Imperial Equities (CVE:IEI) Is Using Debt Extensively
Mar 26Imperial Equities (CVE:IEI) Has Affirmed Its Dividend Of CA$0.02
Jan 12Imperial Equities (CVE:IEI) Will Pay A Dividend Of CA$0.02
Jul 14We Think Some Shareholders May Hesitate To Increase Imperial Equities Inc.'s (CVE:IEI) CEO Compensation
Mar 09Imperial Equities' (CVE:IEI) Dividend Will Be CA$0.015
Jan 09We Think Imperial Equities (CVE:IEI) Is Taking Some Risk With Its Debt
Dec 17Is Imperial Equities (CVE:IEI) Using Too Much Debt?
Sep 11Here's Why Imperial Equities (CVE:IEI) Has A Meaningful Debt Burden
Jun 04Is Imperial Equities Inc. (CVE:IEI) A Great Dividend Stock?
Apr 07These 4 Measures Indicate That Imperial Equities (CVE:IEI) Is Using Debt Extensively
Feb 13Is Imperial Equities Inc. (CVE:IEI) A Good Fit For Your Dividend Portfolio?
Dec 25Financial Position Analysis
Short Term Liabilities: IEI's short term assets (CA$16.0M) do not cover its short term liabilities (CA$59.6M).
Long Term Liabilities: IEI's short term assets (CA$16.0M) do not cover its long term liabilities (CA$90.1M).
Debt to Equity History and Analysis
Debt Level: IEI's net debt to equity ratio (117.9%) is considered high.
Reducing Debt: IEI's debt to equity ratio has reduced from 138% to 118.2% over the past 5 years.
Debt Coverage: IEI's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: IEI's interest payments on its debt are not well covered by EBIT (2.2x coverage).