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 $1.8B and $550.1M respectively. Innospec's EBIT is $197.9M making its interest coverage ratio -23.6. It has cash and short-term investments of $303.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -23.6x |
| Cash | US$303.80m |
| Equity | US$1.25b |
| Total liabilities | US$550.10m |
| Total assets | US$1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JAX's short term assets ($965.6M) exceed its short term liabilities ($373.1M).
Long Term Liabilities: 0JAX's short term assets ($965.6M) exceed its long term liabilities ($177.0M).
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 14.9%.
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.