IMI Balance Sheet Health
Financial Health criteria checks 5/6
IMI has a total shareholder equity of £1.0B and total debt of £644.9M, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are £2.5B and £1.4B respectively. IMI's EBIT is £320.1M making its interest coverage ratio 14.1. It has cash and short-term investments of £108.2M.
Key information
62.6%
Debt to equity ratio
UK£644.90m
Debt
Interest coverage ratio | 14.1x |
Cash | UK£108.20m |
Equity | UK£1.03b |
Total liabilities | UK£1.44b |
Total assets | UK£2.47b |
Recent financial health updates
These 4 Measures Indicate That IMI (LON:IMI) Is Using Debt Reasonably Well
Aug 30Is IMI (LON:IMI) A Risky Investment?
May 23Does IMI (LON:IMI) Have A Healthy Balance Sheet?
Dec 01Does IMI (LON:IMI) Have A Healthy Balance Sheet?
Aug 21IMI (LON:IMI) Seems To Use Debt Quite Sensibly
May 13We Think IMI (LON:IMI) Can Manage Its Debt With Ease
Dec 05Recent updates
Should You Investigate IMI plc (LON:IMI) At UK£17.67?
Apr 06An Intrinsic Calculation For IMI plc (LON:IMI) Suggests It's 28% Undervalued
Mar 18IMI (LON:IMI) Is Increasing Its Dividend To £0.192
Mar 05A Look Into IMI's (LON:IMI) Impressive Returns On Capital
Feb 12Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?
Jan 19Is Now An Opportune Moment To Examine IMI plc (LON:IMI)?
Jan 04IMI plc's (LON:IMI) Price Is Out Of Tune With Earnings
Dec 20IMI plc's (LON:IMI) Intrinsic Value Is Potentially 37% Above Its Share Price
Nov 16With EPS Growth And More, IMI (LON:IMI) Makes An Interesting Case
Oct 08Why IMI plc (LON:IMI) Could Be Worth Watching
Sep 12These 4 Measures Indicate That IMI (LON:IMI) Is Using Debt Reasonably Well
Aug 30IMI (LON:IMI) Is Paying Out A Larger Dividend Than Last Year
Jul 31Calculating The Fair Value Of IMI plc (LON:IMI)
Jul 28There Are Reasons To Feel Uneasy About IMI's (LON:IMI) Returns On Capital
Jul 10What Is IMI plc's (LON:IMI) Share Price Doing?
Jun 07Is IMI (LON:IMI) A Risky Investment?
May 23Calculating The Intrinsic Value Of IMI plc (LON:IMI)
Apr 23IMI (LON:IMI) Is Paying Out A Larger Dividend Than Last Year
Apr 05IMI (LON:IMI) Could Be Struggling To Allocate Capital
Mar 20Is There Now An Opportunity In IMI plc (LON:IMI)?
Mar 01Do IMI's (LON:IMI) Earnings Warrant Your Attention?
Feb 06IMI plc's (LON:IMI) Intrinsic Value Is Potentially 25% Below Its Share Price
Jan 15The Returns On Capital At IMI (LON:IMI) Don't Inspire Confidence
Dec 15Does IMI (LON:IMI) Have A Healthy Balance Sheet?
Dec 01Is Now An Opportune Moment To Examine IMI plc (LON:IMI)?
Nov 17With EPS Growth And More, IMI (LON:IMI) Makes An Interesting Case
Nov 02Are Investors Undervaluing IMI plc (LON:IMI) By 39%?
Oct 02IMI (LON:IMI) Could Be Struggling To Allocate Capital
Sep 04Does IMI (LON:IMI) Have A Healthy Balance Sheet?
Aug 21IMI (LON:IMI) Is Increasing Its Dividend To £0.083
Aug 01Should You Investigate IMI plc (LON:IMI) At UK£12.85?
Jul 24Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?
Jul 09IMI plc (LON:IMI) Shares Could Be 34% Below Their Intrinsic Value Estimate
Jun 10IMI (LON:IMI) Seems To Use Debt Quite Sensibly
May 13Capital Investment Trends At IMI (LON:IMI) Look Strong
Apr 30At UK£12.77, Is IMI plc (LON:IMI) Worth Looking At Closely?
Apr 16Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?
Mar 26IMI's (LON:IMI) Dividend Will Be Increased To UK£0.16
Feb 27Estimating The Intrinsic Value Of IMI plc (LON:IMI)
Feb 27IMI (LON:IMI) Might Become A Compounding Machine
Jan 20We Think IMI (LON:IMI) Can Manage Its Debt With Ease
Dec 05Calculating The Intrinsic Value Of IMI plc (LON:IMI)
Nov 21Here's What IMI's (LON:IMI) Strong Returns On Capital Mean
Oct 14Is Now The Time To Look At Buying IMI plc (LON:IMI)?
Sep 16These 4 Measures Indicate That IMI (LON:IMI) Is Using Debt Safely
Sep 03Is IMI plc (LON:IMI) Worth UK£17.7 Based On Its Intrinsic Value?
Aug 21Returns On Capital At IMI (LON:IMI) Have Hit The Brakes
Jul 13Does IMI (LON:IMI) Have A Healthy Balance Sheet?
May 31Is Now The Time To Look At Buying IMI plc (LON:IMI)?
May 17Is IMI plc (LON:IMI) A Smart Pick For Income Investors?
May 03Daniel Shook Is The Finance Director & Director of IMI plc (LON:IMI) And They Just Sold 27% Of Their Shares
Mar 21Financial Position Analysis
Short Term Liabilities: IMI's short term assets (£1.1B) exceed its short term liabilities (£721.6M).
Long Term Liabilities: IMI's short term assets (£1.1B) exceed its long term liabilities (£718.6M).
Debt to Equity History and Analysis
Debt Level: IMI's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: IMI's debt to equity ratio has reduced from 80.5% to 62.6% over the past 5 years.
Debt Coverage: IMI's debt is well covered by operating cash flow (56.3%).
Interest Coverage: IMI's interest payments on its debt are well covered by EBIT (14.1x coverage).