IRC Balance Sheet Health

Financial Health criteria checks 6/6

IRC has a total shareholder equity of $277.1M and total debt of $63.0M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are $429.3M and $152.2M respectively.

Key information

22.7%

Debt to equity ratio

US$63.01m

Debt

Interest coverage ration/a
CashUS$39.36m
EquityUS$277.14m
Total liabilitiesUS$152.17m
Total assetsUS$429.31m

Recent financial health updates

Recent updates

Returns Are Gaining Momentum At IRC (HKG:1029)

Dec 28
Returns Are Gaining Momentum At IRC (HKG:1029)

Is IRC (HKG:1029) A Risky Investment?

Sep 02
Is IRC (HKG:1029) A Risky Investment?

These 4 Measures Indicate That IRC (HKG:1029) Is Using Debt Reasonably Well

May 23
These 4 Measures Indicate That IRC (HKG:1029) Is Using Debt Reasonably Well

With EPS Growth And More, IRC (HKG:1029) Is Interesting

Apr 01
With EPS Growth And More, IRC (HKG:1029) Is Interesting

Under The Bonnet, IRC's (HKG:1029) Returns Look Impressive

Feb 26
Under The Bonnet, IRC's (HKG:1029) Returns Look Impressive

Here's Why IRC (HKG:1029) Can Manage Its Debt Responsibly

Nov 05
Here's Why IRC (HKG:1029) Can Manage Its Debt Responsibly

IRC (HKG:1029) Is Doing The Right Things To Multiply Its Share Price

Aug 20
IRC (HKG:1029) Is Doing The Right Things To Multiply Its Share Price

Shareholders May Not Be So Generous With IRC Limited's (HKG:1029) CEO Compensation And Here's Why

Jun 18
Shareholders May Not Be So Generous With IRC Limited's (HKG:1029) CEO Compensation And Here's Why

Returns On Capital Are Showing Encouraging Signs At IRC (HKG:1029)

May 10
Returns On Capital Are Showing Encouraging Signs At IRC (HKG:1029)

IRC (HKG:1029) Has A Somewhat Strained Balance Sheet

Apr 05
IRC (HKG:1029) Has A Somewhat Strained Balance Sheet

How Much Does IRC's (HKG:1029) CEO Make?

Dec 27
How Much Does IRC's (HKG:1029) CEO Make?

Reflecting on IRC's (HKG:1029) Share Price Returns Over The Last Three Years

Dec 01
Reflecting on IRC's (HKG:1029) Share Price Returns Over The Last Three Years

Financial Position Analysis

Short Term Liabilities: 1029's short term assets ($134.2M) exceed its short term liabilities ($106.1M).

Long Term Liabilities: 1029's short term assets ($134.2M) exceed its long term liabilities ($46.1M).


Debt to Equity History and Analysis

Debt Level: 1029's net debt to equity ratio (8.5%) is considered satisfactory.

Reducing Debt: 1029's debt to equity ratio has reduced from 84.5% to 22.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1029 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1029 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.9% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IRC Limited is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Barry EhrlichAlfa Bank
Ephrem RaviBarclays
Krishan AgarwalBarclays