Issuer Direct Balance Sheet Health
Financial Health criteria checks 1/6
Issuer Direct has a total shareholder equity of $35.3M and total debt of $16.6M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are $61.7M and $26.5M respectively. Issuer Direct's EBIT is $599.0K making its interest coverage ratio 0.4. It has cash and short-term investments of $4.1M.
Key information
47.1%
Debt to equity ratio
US$16.59m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$4.09m |
| Equity | US$35.26m |
| Total liabilities | US$26.46m |
| Total assets | US$61.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDE's short term assets ($10.0M) do not cover its short term liabilities ($12.6M).
Long Term Liabilities: IDE's short term assets ($10.0M) do not cover its long term liabilities ($13.9M).
Debt to Equity History and Analysis
Debt Level: IDE's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: IDE's debt to equity ratio has increased from 2.3% to 47.1% over the past 5 years.
Debt Coverage: IDE's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: IDE's interest payments on its debt are not well covered by EBIT (0.4x coverage).