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 ratio | 20.8x |
| Cash | UK£144.20m |
| Equity | UK£1.09b |
| Total liabilities | UK£1.46b |
| Total assets | UK£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).