Insteel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Insteel Industries has a total shareholder equity of $350.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $422.6M and $71.7M respectively. Insteel Industries's EBIT is $20.0M making its interest coverage ratio -3.8. It has cash and short-term investments of $111.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.8x |
| Cash | US$111.54m |
| Equity | US$350.86m |
| Total liabilities | US$71.70m |
| Total assets | US$422.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HZ8's short term assets ($267.3M) exceed its short term liabilities ($47.0M).
Long Term Liabilities: HZ8's short term assets ($267.3M) exceed its long term liabilities ($24.7M).
Debt to Equity History and Analysis
Debt Level: HZ8 is debt free.
Reducing Debt: HZ8 had no debt 5 years ago.
Debt Coverage: HZ8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HZ8 has no debt, therefore coverage of interest payments is not a concern.