IMC Exploration Group Balance Sheet Health
Financial Health criteria checks 3/6
IMC Exploration Group has a total shareholder equity of €5.7M and total debt of €889.7K, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are €8.1M and €2.4M respectively.
Key information
15.6%
Debt to equity ratio
€889.72k
Debt
| Interest coverage ratio | n/a |
| Cash | -€29.60k |
| Equity | €5.71m |
| Total liabilities | €2.35m |
| Total assets | €8.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMC's short term assets (€3.3M) exceed its short term liabilities (€1.5M).
Long Term Liabilities: IMC's short term assets (€3.3M) exceed its long term liabilities (€889.7K).
Debt to Equity History and Analysis
Debt Level: IMC's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IMC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IMC's interest payments on its debt are well covered by EBIT.