IMI plc

LSE:IMI Stock Report

Market Cap: UK£4.7b

IMI Balance Sheet Health

Financial Health criteria checks 5/6

IMI has a total shareholder equity of £1.1B and total debt of £655.9M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are £2.6B and £1.5B respectively. IMI's EBIT is £385.0M making its interest coverage ratio 20.8. It has cash and short-term investments of £144.2M.

Key information

60.0%

Debt to equity ratio

UK£655.90m

Debt

Interest coverage ratio20.8x
CashUK£144.20m
EquityUK£1.09b
Total liabilitiesUK£1.46b
Total assetsUK£2.55b

Recent financial health updates

Is IMI (LON:IMI) Using Too Much Debt?

Sep 03
Is IMI (LON:IMI) Using Too Much Debt?

We Think IMI (LON:IMI) Can Stay On Top Of Its Debt

Jun 03
We Think IMI (LON:IMI) Can Stay On Top Of Its Debt

Recent updates

Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?

Dec 08
Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?

Is IMI plc (LON:IMI) Trading At A 28% Discount?

Nov 11
Is IMI plc (LON:IMI) Trading At A 28% Discount?

Is Now An Opportune Moment To Examine IMI plc (LON:IMI)?

Oct 28
Is Now An Opportune Moment To Examine IMI plc (LON:IMI)?

Capital Investment Trends At IMI (LON:IMI) Look Strong

Oct 15
Capital Investment Trends At IMI (LON:IMI) Look Strong

IMI plc's (LON:IMI) Price Is Out Of Tune With Earnings

Sep 30
IMI plc's (LON:IMI) Price Is Out Of Tune With Earnings

Is IMI (LON:IMI) Using Too Much Debt?

Sep 03
Is IMI (LON:IMI) Using Too Much Debt?

IMI (LON:IMI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Aug 03
IMI (LON:IMI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

IMI (LON:IMI) Is Due To Pay A Dividend Of £0.10

Jul 30
IMI (LON:IMI) Is Due To Pay A Dividend Of £0.10

What Is IMI plc's (LON:IMI) Share Price Doing?

Jul 16
What Is IMI plc's (LON:IMI) Share Price Doing?

Getting In Cheap On IMI plc (LON:IMI) Is Unlikely

Jul 01
Getting In Cheap On IMI plc (LON:IMI) Is Unlikely

IMI (LON:IMI) Looks To Prolong Its Impressive Returns

Jun 17
IMI (LON:IMI) Looks To Prolong Its Impressive Returns

We Think IMI (LON:IMI) Can Stay On Top Of Its Debt

Jun 03
We Think IMI (LON:IMI) Can Stay On Top Of Its Debt

Do IMI's (LON:IMI) Earnings Warrant Your Attention?

May 03
Do IMI's (LON:IMI) Earnings Warrant Your Attention?

Should You Investigate IMI plc (LON:IMI) At UK£17.67?

Apr 06
Should You Investigate IMI plc (LON:IMI) At UK£17.67?

An Intrinsic Calculation For IMI plc (LON:IMI) Suggests It's 28% Undervalued

Mar 18
An Intrinsic Calculation For IMI plc (LON:IMI) Suggests It's 28% Undervalued

IMI (LON:IMI) Is Increasing Its Dividend To £0.192

Mar 05
IMI (LON:IMI) Is Increasing Its Dividend To £0.192

A Look Into IMI's (LON:IMI) Impressive Returns On Capital

Feb 12
A Look Into IMI's (LON:IMI) Impressive Returns On Capital

Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?

Jan 19
Is Now The Time To Put IMI (LON:IMI) On Your Watchlist?

Is Now An Opportune Moment To Examine IMI plc (LON:IMI)?

Jan 04
Is Now An Opportune Moment To Examine IMI plc (LON:IMI)?

Financial Position Analysis

Short Term Liabilities: IMI's short term assets (£1.2B) exceed its short term liabilities (£885.9M).

Long Term Liabilities: IMI's short term assets (£1.2B) exceed its long term liabilities (£570.5M).

Debt to Equity History and Analysis

Debt Level: IMI's net debt to equity ratio (46.8%) is considered high.

Reducing Debt: IMI's debt to equity ratio has reduced from 78.1% to 60% over the past 5 years.

Debt Coverage: IMI's debt is well covered by operating cash flow (54.4%).

Interest Coverage: IMI's interest payments on its debt are well covered by EBIT (20.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IMI plc is covered by 39 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marzio FoaAlphaValue
Pierre-Yves GauthierAlphaValue
David LarkamArden Partners Plc.