Interface Balance Sheet Health
Financial Health criteria checks 4/6
Interface has a total shareholder equity of $425.9M and total debt of $417.2M, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are $1.2B and $804.1M respectively. Interface's EBIT is $101.2M making its interest coverage ratio 3.2. It has cash and short-term investments of $110.5M.
Key information
97.9%
Debt to equity ratio
US$417.21m
Debt
Interest coverage ratio | 3.2x |
Cash | US$110.50m |
Equity | US$425.95m |
Total liabilities | US$804.15m |
Total assets | US$1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IF6N's short term assets ($583.9M) exceed its short term liabilities ($214.7M).
Long Term Liabilities: IF6N's short term assets ($583.9M) do not cover its long term liabilities ($589.4M).
Debt to Equity History and Analysis
Debt Level: IF6N's net debt to equity ratio (72%) is considered high.
Reducing Debt: IF6N's debt to equity ratio has reduced from 174.9% to 97.9% over the past 5 years.
Debt Coverage: IF6N's debt is well covered by operating cash flow (34%).
Interest Coverage: IF6N's interest payments on its debt are well covered by EBIT (3.2x coverage).