Image Plus Consultants Balance Sheet Health
Financial Health criteria checks 5/6
Image Plus Consultants has a total shareholder equity of JMD1.0B and total debt of JMD321.2M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are JMD1.5B and JMD472.5M respectively. Image Plus Consultants's EBIT is JMD212.8M making its interest coverage ratio -16.9. It has cash and short-term investments of JMD15.4M.
Key information
31.3%
Debt to equity ratio
JA$321.23m
Debt
| Interest coverage ratio | -16.9x |
| Cash | JA$15.42m |
| Equity | JA$1.03b |
| Total liabilities | JA$472.52m |
| Total assets | JA$1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPCL's short term assets (JMD289.9M) exceed its short term liabilities (JMD215.8M).
Long Term Liabilities: IPCL's short term assets (JMD289.9M) exceed its long term liabilities (JMD256.7M).
Debt to Equity History and Analysis
Debt Level: IPCL's net debt to equity ratio (29.8%) 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 (79.8%).
Interest Coverage: IPCL earns more interest than it pays, so coverage of interest payments is not a concern.