Interface Balance Sheet Health
Financial Health criteria checks 5/6
Interface has a total shareholder equity of $501.6M and total debt of $337.9M, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are $1.2B and $741.7M respectively. Interface's EBIT is $137.3M making its interest coverage ratio 5.5. It has cash and short-term investments of $115.6M.
Key information
67.4%
Debt to equity ratio
US$337.94m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$115.60m |
| Equity | US$501.56m |
| Total liabilities | US$741.70m |
| Total assets | US$1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IF6N's short term assets ($608.2M) exceed its short term liabilities ($236.4M).
Long Term Liabilities: IF6N's short term assets ($608.2M) exceed its long term liabilities ($505.3M).
Debt to Equity History and Analysis
Debt Level: IF6N's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: IF6N's debt to equity ratio has reduced from 177.4% to 67.4% over the past 5 years.
Debt Coverage: IF6N's debt is well covered by operating cash flow (40.9%).
Interest Coverage: IF6N's interest payments on its debt are well covered by EBIT (5.5x coverage).