Innovative Energy Group Balance Sheet Health
Financial Health criteria checks 3/6
Innovative Energy Group has a total shareholder equity of JMD-21.6M and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD501.4K and JMD22.1M respectively.
Key information
0%
Debt to equity ratio
JA$0
Debt
| Interest coverage ratio | n/a |
| Cash | JA$149.02k |
| Equity | -JA$21.60m |
| Total liabilities | JA$22.10m |
| Total assets | JA$501.42k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENERGY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ENERGY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ENERGY is debt free.
Reducing Debt: ENERGY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ENERGY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ENERGY has no debt, therefore coverage of interest payments is not a concern.