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IAA Balance Sheet Health
Financial Health criteria checks 3/6
Key information
198.0%
Debt to equity ratio
US$1.12b
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$195.90m |
| Equity | US$567.30m |
| Total liabilities | US$2.80b |
| Total assets | US$3.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3NI's short term assets ($788.4M) exceed its short term liabilities ($450.0M).
Long Term Liabilities: 3NI's short term assets ($788.4M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 3NI's net debt to equity ratio (163.5%) is considered high.
Reducing Debt: 3NI's debt to equity ratio has increased from 79.9% to 198% over the past 5 years.
Debt Coverage: 3NI's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 3NI's interest payments on its debt are well covered by EBIT (8.3x coverage).