i3 Energy Balance Sheet Health
Financial Health criteria checks 4/6
i3 Energy has a total shareholder equity of £163.0M and total debt of £34.6M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are £316.6M and £153.6M respectively. i3 Energy's EBIT is £29.6M making its interest coverage ratio 6.1. It has cash and short-term investments of £23.5M.
Key information
21.2%
Debt to equity ratio
UK£34.57m
Debt
| Interest coverage ratio | 6.1x |
| Cash | UK£23.51m |
| Equity | UK£163.00m |
| Total liabilities | UK£153.60m |
| Total assets | UK£316.59m |
Recent financial health updates
We Think i3 Energy (LON:I3E) Is Taking Some Risk With Its Debt
Sep 29
Does i3 Energy (LON:I3E) Have A Healthy Balance Sheet?
Jun 30Is i3 Energy (LON:I3E) Using Too Much Debt?
Oct 02Does i3 Energy (LON:I3E) Have A Healthy Balance Sheet?
Jun 19Recent updates
i3 Energy (LON:I3E) Is Experiencing Growth In Returns On Capital
Apr 27Investors Will Want i3 Energy's (LON:I3E) Growth In ROCE To Persist
Nov 11We Think i3 Energy (LON:I3E) Is Taking Some Risk With Its Debt
Sep 29If EPS Growth Is Important To You, i3 Energy (LON:I3E) Presents An Opportunity
Aug 19Does i3 Energy (LON:I3E) Have A Healthy Balance Sheet?
Jun 30Is Now The Time To Put i3 Energy (LON:I3E) On Your Watchlist?
Apr 04If EPS Growth Is Important To You, i3 Energy (LON:I3E) Presents An Opportunity
Dec 23i3 Energy (LON:I3E) Is Due To Pay A Dividend Of £0.0014
Oct 09Is i3 Energy (LON:I3E) Using Too Much Debt?
Oct 02Does i3 Energy (LON:I3E) Have A Healthy Balance Sheet?
Jun 19Improved Earnings Required Before i3 Energy Plc (LON:I3E) Stock's 52% Jump Looks Justified
Apr 15Why i3 Energy's (LON:I3E) Healthy Earnings Aren’t As Good As They Seem
Jun 08What Kind Of Shareholders Hold The Majority In i3 Energy Plc's (LON:I3E) Shares?
Mar 17Financial Position Analysis
Short Term Liabilities: I3E's short term assets (£47.8M) exceed its short term liabilities (£45.0M).
Long Term Liabilities: I3E's short term assets (£47.8M) do not cover its long term liabilities (£108.6M).
Debt to Equity History and Analysis
Debt Level: I3E's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: I3E's debt to equity ratio has increased from 12.7% to 21.2% over the past 5 years.
Debt Coverage: I3E's debt is well covered by operating cash flow (143.5%).
Interest Coverage: I3E's interest payments on its debt are well covered by EBIT (6.1x coverage).