Innospec Balance Sheet Health
Financial Health criteria checks 6/6
Innospec has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.7B and $546.6M respectively. Innospec's EBIT is $186.7M making its interest coverage ratio -45.5. It has cash and short-term investments of $270.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -45.5x |
Cash | US$270.10m |
Equity | US$1.19b |
Total liabilities | US$546.60m |
Total assets | US$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JAX's short term assets ($912.9M) exceed its short term liabilities ($364.9M).
Long Term Liabilities: 0JAX's short term assets ($912.9M) exceed its long term liabilities ($181.7M).
Debt to Equity History and Analysis
Debt Level: 0JAX is debt free.
Reducing Debt: 0JAX has no debt compared to 5 years ago when its debt to equity ratio was 24.5%.
Debt Coverage: 0JAX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0JAX has no debt, therefore coverage of interest payments is not a concern.