Impellam Group Balance Sheet Health
Financial Health criteria checks 6/6
Impellam Group has a total shareholder equity of £161.0M and total debt of £50.1M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are £919.3M and £758.3M respectively. Impellam Group's EBIT is £19.9M making its interest coverage ratio 4.1. It has cash and short-term investments of £106.2M.
Key information
31.1%
Debt to equity ratio
UK£50.10m
Debt
| Interest coverage ratio | 4.1x |
| Cash | UK£106.20m |
| Equity | UK£161.00m |
| Total liabilities | UK£758.30m |
| Total assets | UK£919.30m |
Recent financial health updates
Is Impellam Group (LON:IPEL) A Risky Investment?
Nov 23
Does Impellam Group (LON:IPEL) Have A Healthy Balance Sheet?
Nov 23Does Impellam Group (LON:IPEL) Have A Healthy Balance Sheet?
Aug 03Recent updates
Impellam Group plc's (LON:IPEL) Share Price Boosted 38% But Its Business Prospects Need A Lift Too
Dec 23Impellam Group (LON:IPEL) Could Be Struggling To Allocate Capital
Apr 08Returns On Capital At Impellam Group (LON:IPEL) Paint A Concerning Picture
Dec 28Is Impellam Group (LON:IPEL) A Risky Investment?
Nov 23Impellam Group (LON:IPEL) May Have Issues Allocating Its Capital
Sep 21Does Impellam Group (LON:IPEL) Have A Healthy Balance Sheet?
Nov 23Be Wary Of Impellam Group (LON:IPEL) And Its Returns On Capital
Sep 16Does Impellam Group (LON:IPEL) Have A Healthy Balance Sheet?
Aug 03Impellam Group plc's (LON:IPEL) CEO Might Not Expect Shareholders To Be So Generous This Year
Jun 24Does Impellam Group (LON:IPEL) Have A Healthy Balance Sheet?
Apr 12We're Watching These Trends At Impellam Group (LON:IPEL)
Feb 11Is Impellam Group (LON:IPEL) Using Too Much Debt?
Dec 20
What We Learned About Impellam Group's (LON:IPEL) CEO Compensation
Nov 23Financial Position Analysis
Short Term Liabilities: IPEL's short term assets (£754.4M) exceed its short term liabilities (£694.2M).
Long Term Liabilities: IPEL's short term assets (£754.4M) exceed its long term liabilities (£64.1M).
Debt to Equity History and Analysis
Debt Level: IPEL has more cash than its total debt.
Reducing Debt: IPEL's debt to equity ratio has reduced from 59.6% to 31.1% over the past 5 years.
Debt Coverage: IPEL's debt is well covered by operating cash flow (137.5%).
Interest Coverage: IPEL's interest payments on its debt are well covered by EBIT (4.1x coverage).