Iofina Balance Sheet Health
Financial Health criteria checks 6/6
Iofina has a total shareholder equity of $45.5M and total debt of $4.6M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are $59.9M and $14.5M respectively. Iofina's EBIT is $4.9M making its interest coverage ratio 29.6. It has cash and short-term investments of $5.7M.
Key information
10.2%
Debt to equity ratio
US$4.64m
Debt
| Interest coverage ratio | 29.6x |
| Cash | US$5.70m |
| Equity | US$45.45m |
| Total liabilities | US$14.45m |
| Total assets | US$59.90m |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before Iofina plc (LON:IOF) Shares Find Their Feet
Nov 02
There's Been No Shortage Of Growth Recently For Iofina's (LON:IOF) Returns On Capital
Sep 26Sentiment Still Eluding Iofina plc (LON:IOF)
Jul 12Should You Be Adding Iofina (LON:IOF) To Your Watchlist Today?
Apr 11Iofina plc's (LON:IOF) Shares Not Telling The Full Story
Jan 31Here's Why Iofina (LON:IOF) Has Caught The Eye Of Investors
Mar 11Iofina (LON:IOF) Might Have The Makings Of A Multi-Bagger
Jan 10Iofina (LON:IOF) Is Doing The Right Things To Multiply Its Share Price
Aug 31Should You Be Adding Iofina (LON:IOF) To Your Watchlist Today?
Aug 10At UK£0.25, Is Iofina plc (LON:IOF) Worth Looking At Closely?
Jul 18Does Iofina (LON:IOF) Deserve A Spot On Your Watchlist?
Mar 17A Look At The Intrinsic Value Of Iofina plc (LON:IOF)
Mar 01Iofina's (LON:IOF) Returns On Capital Are Heading Higher
Jan 18Is It Too Late To Consider Buying Iofina plc (LON:IOF)?
Dec 29What Does Iofina plc's (LON:IOF) Share Price Indicate?
Sep 10Iofina (LON:IOF) Is Experiencing Growth In Returns On Capital
Jul 20Investors Appear Satisfied With Iofina plc's (LON:IOF) Prospects As Shares Rocket 28%
Jun 20Shareholders Will Be Pleased With The Quality of Iofina's (LON:IOF) Earnings
Jun 02Is Iofina plc (LON:IOF) Potentially Undervalued?
May 16Iofina (LON:IOF) Is Doing The Right Things To Multiply Its Share Price
Mar 22What Is Iofina plc's (LON:IOF) Share Price Doing?
Feb 14Is Weakness In Iofina plc (LON:IOF) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 28Will the Promising Trends At Iofina (LON:IOF) Continue?
Dec 07
Financial Position Analysis
Short Term Liabilities: IOF's short term assets ($28.3M) exceed its short term liabilities ($10.9M).
Long Term Liabilities: IOF's short term assets ($28.3M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: IOF has more cash than its total debt.
Reducing Debt: IOF's debt to equity ratio has reduced from 99.5% to 10.2% over the past 5 years.
Debt Coverage: IOF's debt is well covered by operating cash flow (182.3%).
Interest Coverage: IOF's interest payments on its debt are well covered by EBIT (29.6x coverage).