Innospec Balance Sheet Health
Financial Health criteria checks 6/6
Innospec has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.7B and $557.8M respectively. Innospec's EBIT is $176.5M making its interest coverage ratio -76.7. It has cash and short-term investments of $203.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -76.7x |
Cash | US$203.70m |
Equity | US$1.15b |
Total liabilities | US$557.80m |
Total assets | US$1.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCT's short term assets ($885.7M) exceed its short term liabilities ($371.5M).
Long Term Liabilities: OCT's short term assets ($885.7M) exceed its long term liabilities ($186.3M).
Debt to Equity History and Analysis
Debt Level: OCT is debt free.
Reducing Debt: OCT has no debt compared to 5 years ago when its debt to equity ratio was 25.1%.
Debt Coverage: OCT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OCT has no debt, therefore coverage of interest payments is not a concern.