IDOX Balance Sheet Health
Financial Health criteria checks 4/6
IDOX has a total shareholder equity of £73.3M and total debt of £29.5M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are £151.5M and £78.2M respectively. IDOX's EBIT is £9.3M making its interest coverage ratio 6.4. It has cash and short-term investments of £14.8M.
Key information
40.3%
Debt to equity ratio
UK£29.50m
Debt
Interest coverage ratio | 6.4x |
Cash | UK£14.82m |
Equity | UK£73.28m |
Total liabilities | UK£78.20m |
Total assets | UK£151.47m |
Recent financial health updates
Recent updates
Earnings Miss: IDOX plc Missed EPS By 35% And Analysts Are Revising Their Forecasts
Jan 28IDOX (LON:IDOX) Seems To Use Debt Quite Sensibly
Feb 06Returns On Capital At IDOX (LON:IDOX) Paint An Interesting Picture
Jan 18Calculating The Intrinsic Value Of IDOX plc (LON:IDOX)
Dec 14The IDOX (LON:IDOX) Share Price Has Gained 46% And Shareholders Are Hoping For More
Nov 17Financial Position Analysis
Short Term Liabilities: IDOX's short term assets (£36.3M) do not cover its short term liabilities (£38.0M).
Long Term Liabilities: IDOX's short term assets (£36.3M) do not cover its long term liabilities (£40.2M).
Debt to Equity History and Analysis
Debt Level: IDOX's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: IDOX's debt to equity ratio has reduced from 77.9% to 40.3% over the past 5 years.
Debt Coverage: IDOX's debt is well covered by operating cash flow (63.1%).
Interest Coverage: IDOX's interest payments on its debt are well covered by EBIT (6.4x coverage).