Industrias Electro Químicas Balance Sheet Health
Financial Health criteria checks 6/6
Industrias Electro Químicas has a total shareholder equity of $35.5M and total debt of $7.2M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $70.2M and $34.7M respectively. Industrias Electro Químicas's EBIT is $755.0K making its interest coverage ratio 3.8. It has cash and short-term investments of $6.1M.
Key information
20.4%
Debt to equity ratio
US$7.24m
Debt
Interest coverage ratio | 3.8x |
Cash | US$6.08m |
Equity | US$35.53m |
Total liabilities | US$34.68m |
Total assets | US$70.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IEQSAI1's short term assets ($56.0M) exceed its short term liabilities ($32.5M).
Long Term Liabilities: IEQSAI1's short term assets ($56.0M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: IEQSAI1's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: IEQSAI1's debt to equity ratio has reduced from 43.4% to 20.4% over the past 5 years.
Debt Coverage: IEQSAI1's debt is well covered by operating cash flow (150.4%).
Interest Coverage: IEQSAI1's interest payments on its debt are well covered by EBIT (3.8x coverage).