Imdex Balance Sheet Health
Financial Health criteria checks 5/6
Imdex has a total shareholder equity of A$552.3M and total debt of A$96.1M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are A$783.1M and A$230.8M respectively. Imdex's EBIT is A$55.0M making its interest coverage ratio 6.4. It has cash and short-term investments of A$50.4M.
Key information
17.4%
Debt to equity ratio
AU$96.07m
Debt
Interest coverage ratio | 6.4x |
Cash | AU$50.42m |
Equity | AU$552.33m |
Total liabilities | AU$230.81m |
Total assets | AU$783.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDG's short term assets (A$217.3M) exceed its short term liabilities (A$94.5M).
Long Term Liabilities: IDG's short term assets (A$217.3M) exceed its long term liabilities (A$136.3M).
Debt to Equity History and Analysis
Debt Level: IDG's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: IDG's debt to equity ratio has increased from 3% to 17.4% over the past 5 years.
Debt Coverage: IDG's debt is well covered by operating cash flow (101.2%).
Interest Coverage: IDG's interest payments on its debt are well covered by EBIT (6.4x coverage).