Impro Precision Industries Balance Sheet Health
Financial Health criteria checks 6/6
Impro Precision Industries has a total shareholder equity of HK$4.8B and total debt of HK$2.1B, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are HK$8.1B and HK$3.3B respectively. Impro Precision Industries's EBIT is HK$711.0M making its interest coverage ratio 6.3. It has cash and short-term investments of HK$447.4M.
Key information
43.6%
Debt to equity ratio
HK$2.11b
Debt
| Interest coverage ratio | 6.3x |
| Cash | HK$447.43m |
| Equity | HK$4.84b |
| Total liabilities | HK$3.30b |
| Total assets | HK$8.14b |
Recent financial health updates
Here's Why Impro Precision Industries (HKG:1286) Has A Meaningful Debt Burden
Sep 28
Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 28Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 09Is Impro Precision Industries (HKG:1286) A Risky Investment?
Apr 13We Think Impro Precision Industries (HKG:1286) Can Stay On Top Of Its Debt
Nov 05Is Impro Precision Industries (HKG:1286) Using Too Much Debt?
Apr 03Recent updates
Here's Why Impro Precision Industries (HKG:1286) Has A Meaningful Debt Burden
Sep 28Calculating The Fair Value Of Impro Precision Industries Limited (HKG:1286)
Mar 06Impro Precision Industries (HKG:1286) Will Want To Turn Around Its Return Trends
Jan 19There's Reason For Concern Over Impro Precision Industries Limited's (HKG:1286) Massive 27% Price Jump
Jan 19Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 28Calculating The Fair Value Of Impro Precision Industries Limited (HKG:1286)
Oct 25With EPS Growth And More, Impro Precision Industries (HKG:1286) Makes An Interesting Case
Oct 03Impro Precision Industries (HKG:1286) Is Due To Pay A Dividend Of HK$0.08
Aug 10Here's Why Impro Precision Industries (HKG:1286) Can Manage Its Debt Responsibly
Nov 09Impro Precision Industries (HKG:1286) Will Be Hoping To Turn Its Returns On Capital Around
Oct 26Is Impro Precision Industries (HKG:1286) A Risky Investment?
Apr 13We Think Impro Precision Industries (HKG:1286) Can Stay On Top Of Its Debt
Nov 05Is Impro Precision Industries (HKG:1286) Using Too Much Debt?
Apr 03Did Impro Precision Industries Limited (HKG:1286) Insiders Buy Up More Shares?
Feb 28The Impro Precision Industries (HKG:1286) Share Price Is Up 12% And Shareholders Are Holding On
Feb 07Returns On Capital At Impro Precision Industries (HKG:1286) Paint An Interesting Picture
Jan 17
Should You Buy Impro Precision Industries Limited (HKG:1286) For Its Dividend?
Dec 27These 4 Measures Indicate That Impro Precision Industries (HKG:1286) Is Using Debt Reasonably Well
Dec 09Did Impro Precision Industries Limited (HKG:1286) Insiders Buy Up More Shares?
Nov 18Impro Precision Industries (HKG:1286) Share Prices Have Dropped 22% In The Last Year
Jul 07What Percentage Of Impro Precision Industries Limited (HKG:1286) Shares Do Insiders Own?
Jun 22Financial Position Analysis
Short Term Liabilities: 1286's short term assets (HK$2.9B) exceed its short term liabilities (HK$1.8B).
Long Term Liabilities: 1286's short term assets (HK$2.9B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 1286's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 1286's debt to equity ratio has reduced from 49.8% to 43.6% over the past 5 years.
Debt Coverage: 1286's debt is well covered by operating cash flow (52.1%).
Interest Coverage: 1286's interest payments on its debt are well covered by EBIT (6.3x coverage).