Invercap Balance Sheet Health
Financial Health criteria checks 3/6
Invercap has a total shareholder equity of $3.8B and total debt of $1.7B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are $7.2B and $3.5B respectively. Invercap's EBIT is $18.6M making its interest coverage ratio 0.1. It has cash and short-term investments of $465.3M.
Key information
46.1%
Debt to equity ratio
US$1.75b
Debt
| Interest coverage ratio | 0.1x |
| Cash | US$465.26m |
| Equity | US$3.79b |
| Total liabilities | US$3.46b |
| Total assets | US$7.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INVERCAP's short term assets ($1.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: INVERCAP's short term assets ($1.6B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: INVERCAP's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: INVERCAP's debt to equity ratio has increased from 7.3% to 46.1% over the past 5 years.
Debt Coverage: INVERCAP's debt is well covered by operating cash flow (33.9%).
Interest Coverage: INVERCAP's interest payments on its debt are not well covered by EBIT (0.1x coverage).