IEX Group Balance Sheet Health
Financial Health criteria checks 4/6
IEX Group has a total shareholder equity of €426.0K and total debt of €1.3M, which brings its debt-to-equity ratio to 296.5%. Its total assets and total liabilities are €2.9M and €2.5M respectively. IEX Group's EBIT is €992.0K making its interest coverage ratio -35.4. It has cash and short-term investments of €808.0K.
Debt to equity ratio
|Interest coverage ratio
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: IEX's short term assets (€1.2M) do not cover its short term liabilities (€1.3M).
Long Term Liabilities: IEX's short term assets (€1.2M) exceed its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: IEX's net debt to equity ratio (106.8%) is considered high.
Reducing Debt: IEX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: IEX's debt is well covered by operating cash flow (63.8%).
Interest Coverage: IEX earns more interest than it pays, so coverage of interest payments is not a concern.