IEX Group Balance Sheet Health
Financial Health criteria checks 6/6
IEX Group has a total shareholder equity of €1.6M and total debt of €908.0K, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are €3.8M and €2.2M respectively. IEX Group's EBIT is €1.3M making its interest coverage ratio 14.6. It has cash and short-term investments of €1.4M.
Key information
58.0%
Debt to equity ratio
€908.00k
Debt
| Interest coverage ratio | 14.6x |
| Cash | €1.37m |
| Equity | €1.57m |
| Total liabilities | €2.21m |
| Total assets | €3.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IEX's short term assets (€1.9M) exceed its short term liabilities (€1.1M).
Long Term Liabilities: IEX's short term assets (€1.9M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: IEX has more cash than its total debt.
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 (120.2%).
Interest Coverage: IEX's interest payments on its debt are well covered by EBIT (14.6x coverage).