IMI Balance Sheet Health

Financial Health criteria checks 5/6

IMI has a total shareholder equity of £1.1B and total debt of £655.9M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are £2.6B and £1.5B respectively. IMI's EBIT is £385.0M making its interest coverage ratio 20.8. It has cash and short-term investments of £144.2M.

Key information

60.0%

Debt to equity ratio

UK£655.90m

Debt

Interest coverage ratio20.8x
CashUK£144.20m
EquityUK£1.09b
Total liabilitiesUK£1.46b
Total assetsUK£2.55b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: IMI's short term assets (£1.2B) exceed its short term liabilities (£885.9M).

Long Term Liabilities: IMI's short term assets (£1.2B) exceed its long term liabilities (£570.5M).


Debt to Equity History and Analysis

Debt Level: IMI's net debt to equity ratio (46.8%) is considered high.

Reducing Debt: IMI's debt to equity ratio has reduced from 78.1% to 60% over the past 5 years.

Debt Coverage: IMI's debt is well covered by operating cash flow (54.4%).

Interest Coverage: IMI's interest payments on its debt are well covered by EBIT (20.8x coverage).


Balance Sheet


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