IMAX Balance Sheet Health
Financial Health criteria checks 3/6
IMAX has a total shareholder equity of $333.4M and total debt of $297.5M, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are $824.1M and $490.8M respectively. IMAX's EBIT is $52.9M making its interest coverage ratio 12.1. It has cash and short-term investments of $81.0M.
Key information
89.2%
Debt to equity ratio
US$297.47m
Debt
Interest coverage ratio | 12.1x |
Cash | US$81.02m |
Equity | US$333.38m |
Total liabilities | US$490.76m |
Total assets | US$824.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMA's short term assets ($396.1M) exceed its short term liabilities ($105.3M).
Long Term Liabilities: IMA's short term assets ($396.1M) exceed its long term liabilities ($385.4M).
Debt to Equity History and Analysis
Debt Level: IMA's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: IMA's debt to equity ratio has increased from 9.5% to 89.2% over the past 5 years.
Debt Coverage: IMA's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: IMA's interest payments on its debt are well covered by EBIT (12.1x coverage).