Image Plus Consultants Balance Sheet Health
Financial Health criteria checks 4/6
Image Plus Consultants has a total shareholder equity of JMD1.1B and total debt of JMD339.3M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are JMD1.5B and JMD476.9M respectively. Image Plus Consultants's EBIT is JMD158.2M making its interest coverage ratio 4.5. It has cash and short-term investments of JMD515.3K.
Key information
32.2%
Debt to equity ratio
JA$339.32m
Debt
| Interest coverage ratio | 4.5x |
| Cash | JA$515.26k |
| Equity | JA$1.05b |
| Total liabilities | JA$476.91m |
| Total assets | JA$1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPCL's short term assets (JMD277.0M) exceed its short term liabilities (JMD180.8M).
Long Term Liabilities: IPCL's short term assets (JMD277.0M) do not cover its long term liabilities (JMD296.1M).
Debt to Equity History and Analysis
Debt Level: IPCL's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IPCL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IPCL's debt is well covered by operating cash flow (173.3%).
Interest Coverage: IPCL's interest payments on its debt are well covered by EBIT (4.5x coverage).