Impax Asset Management Group Balance Sheet Health
Financial Health criteria checks 6/6
Impax Asset Management Group has a total shareholder equity of £117.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £157.7M and £39.8M respectively. Impax Asset Management Group's EBIT is £53.5M making its interest coverage ratio -18.3. It has cash and short-term investments of £80.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -18.3x |
Cash | UK£80.37m |
Equity | UK£117.85m |
Total liabilities | UK£39.84m |
Total assets | UK£157.69m |
Recent financial health updates
No updates
Recent updates
Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing
May 14Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing
Jan 27If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity
Mar 10With EPS Growth And More, Impax Asset Management Group (LON:IPX) Makes An Interesting Case
Dec 01If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity
Aug 28Here's Why We Think Impax Asset Management Group (LON:IPX) Is Well Worth Watching
May 30Do Impax Asset Management Group's (LON:IPX) Earnings Warrant Your Attention?
Mar 01With EPS Growth And More, Impax Asset Management Group (LON:IPX) Is Interesting
Nov 30Do Impax Asset Management Group's (LON:IPX) Earnings Warrant Your Attention?
Aug 28Does Impax Asset Management Group (LON:IPX) Deserve A Spot On Your Watchlist?
May 29Have Insiders Been Selling Impax Asset Management Group plc (LON:IPX) Shares?
Feb 17A Quick Analysis On Impax Asset Management Group's (LON:IPX) CEO Compensation
Jan 13Financial Position Analysis
Short Term Liabilities: IPX's short term assets (£120.7M) exceed its short term liabilities (£33.6M).
Long Term Liabilities: IPX's short term assets (£120.7M) exceed its long term liabilities (£6.2M).
Debt to Equity History and Analysis
Debt Level: IPX is debt free.
Reducing Debt: IPX has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
Debt Coverage: IPX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IPX has no debt, therefore coverage of interest payments is not a concern.