i3 Energy Balance Sheet Health
Financial Health criteria checks 3/6
i3 Energy has a total shareholder equity of £151.5M and total debt of £11.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are £279.0M and £127.5M respectively. i3 Energy's EBIT is £13.4M making its interest coverage ratio 2.5. It has cash and short-term investments of £1.0M.
Key information
7.2%
Debt to equity ratio
UK£10.96m
Debt
Interest coverage ratio | 2.5x |
Cash | UK£1.02m |
Equity | UK£151.54m |
Total liabilities | UK£127.45m |
Total assets | UK£278.99m |
Recent financial health updates
We Think i3 Energy (LON:I3E) Is Taking Some Risk With Its Debt
Sep 29Does 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 (£25.1M) do not cover its short term liabilities (£34.2M).
Long Term Liabilities: I3E's short term assets (£25.1M) do not cover its long term liabilities (£93.2M).
Debt to Equity History and Analysis
Debt Level: I3E's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: I3E's debt to equity ratio has reduced from 35.9% to 7.2% over the past 5 years.
Debt Coverage: I3E's debt is well covered by operating cash flow (383.5%).
Interest Coverage: I3E's interest payments on its debt are not well covered by EBIT (2.5x coverage).