Infinera Balance Sheet Health
Financial Health criteria checks 3/6
Infinera has a total shareholder equity of $181.2M and total debt of $683.6M, which brings its debt-to-equity ratio to 377.2%. Its total assets and total liabilities are $1.6B and $1.4B respectively. Infinera's EBIT is $12.8M making its interest coverage ratio 0.5. It has cash and short-term investments of $123.9M.
Key information
377.2%
Debt to equity ratio
US$683.58m
Debt
Interest coverage ratio | 0.5x |
Cash | US$123.93m |
Equity | US$181.23m |
Total liabilities | US$1.39b |
Total assets | US$1.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IX6's short term assets ($1.0B) exceed its short term liabilities ($614.8M).
Long Term Liabilities: IX6's short term assets ($1.0B) exceed its long term liabilities ($772.3M).
Debt to Equity History and Analysis
Debt Level: IX6's net debt to equity ratio (308.8%) is considered high.
Reducing Debt: IX6's debt to equity ratio has increased from 37.6% to 377.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IX6 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IX6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.