Inqo Investments Balance Sheet Health
Financial Health criteria checks 3/6
Inqo Investments has a total shareholder equity of ZAR151.6M and total debt of ZAR22.4M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ZAR214.5M and ZAR62.8M respectively.
Key information
14.8%
Debt to equity ratio
R22.42m
Debt
| Interest coverage ratio | n/a |
| Cash | R43.77m |
| Equity | R151.62m |
| Total liabilities | R62.84m |
| Total assets | R214.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INQO's short term assets (ZAR55.1M) exceed its short term liabilities (ZAR36.7M).
Long Term Liabilities: INQO's short term assets (ZAR55.1M) exceed its long term liabilities (ZAR26.2M).
Debt to Equity History and Analysis
Debt Level: INQO has more cash than its total debt.
Reducing Debt: INQO's debt to equity ratio has increased from 0.6% to 14.8% over the past 5 years.
Debt Coverage: INQO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if INQO's interest payments on its debt are well covered by EBIT.