i3 Energy Balance Sheet Health
Financial Health criteria checks 3/6
i3 Energy has a total shareholder equity of £161.4M and total debt of £41.2M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are £324.4M and £163.0M respectively. i3 Energy's EBIT is £51.7M making its interest coverage ratio 9.3. It has cash and short-term investments of £12.7M.
Key information
25.5%
Debt to equity ratio
UK£41.19m
Debt
Interest coverage ratio | 9.3x |
Cash | UK£12.68m |
Equity | UK£161.35m |
Total liabilities | UK£163.01m |
Total assets | UK£324.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I32's short term assets (£41.4M) do not cover its short term liabilities (£44.2M).
Long Term Liabilities: I32's short term assets (£41.4M) do not cover its long term liabilities (£118.9M).
Debt to Equity History and Analysis
Debt Level: I32's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: I32's debt to equity ratio has increased from 15.7% to 25.5% over the past 5 years.
Debt Coverage: I32's debt is well covered by operating cash flow (186.8%).
Interest Coverage: I32's interest payments on its debt are well covered by EBIT (9.3x coverage).