Invercap Balance Sheet Health
Financial Health criteria checks 4/6
Invercap has a total shareholder equity of $4.2B and total debt of $1.9B, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are $7.8B and $3.6B respectively. Invercap's EBIT is $467.2M making its interest coverage ratio 5.4. It has cash and short-term investments of $543.2M.
Key information
45.1%
Debt to equity ratio
US$1.89b
Debt
Interest coverage ratio | 5.4x |
Cash | US$543.18m |
Equity | US$4.19b |
Total liabilities | US$3.60b |
Total assets | US$7.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INVERCAP's short term assets ($2.0B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: INVERCAP's short term assets ($2.0B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: INVERCAP's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: INVERCAP's debt to equity ratio has increased from 6.4% to 45.1% over the past 5 years.
Debt Coverage: INVERCAP's debt is well covered by operating cash flow (24.5%).
Interest Coverage: INVERCAP's interest payments on its debt are well covered by EBIT (5.4x coverage).