ICC Holdings Balance Sheet Health
Financial Health criteria checks 4/6
ICC Holdings has a total shareholder equity of $67.0M and total debt of $15.0M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are $211.0M and $144.0M respectively. ICC Holdings's EBIT is $5.7M making its interest coverage ratio 31. It has cash and short-term investments of $1.5M.
Key information
22.4%
Debt to equity ratio
US$15.00m
Debt
Interest coverage ratio | 31x |
Cash | US$1.48m |
Equity | US$67.00m |
Total liabilities | US$144.01m |
Total assets | US$211.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4EH's short term assets ($53.2M) do not cover its short term liabilities ($127.8M).
Long Term Liabilities: 4EH's short term assets ($53.2M) exceed its long term liabilities ($16.3M).
Debt to Equity History and Analysis
Debt Level: 4EH's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 4EH's debt to equity ratio has increased from 5.9% to 22.4% over the past 5 years.
Debt Coverage: 4EH's debt is well covered by operating cash flow (56.8%).
Interest Coverage: 4EH's interest payments on its debt are well covered by EBIT (31x coverage).