Integrated Micro-Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Integrated Micro-Electronics has a total shareholder equity of $292.2M and total debt of $303.0M, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are $893.8M and $601.6M respectively. Integrated Micro-Electronics's EBIT is $18.4M making its interest coverage ratio 1. It has cash and short-term investments of $91.0M.
Key information
103.7%
Debt to equity ratio
US$303.05m
Debt
| Interest coverage ratio | 1x |
| Cash | US$91.03m |
| Equity | US$292.22m |
| Total liabilities | US$601.59m |
| Total assets | US$893.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMI's short term assets ($647.3M) exceed its short term liabilities ($452.5M).
Long Term Liabilities: IMI's short term assets ($647.3M) exceed its long term liabilities ($149.1M).
Debt to Equity History and Analysis
Debt Level: IMI's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: IMI's debt to equity ratio has increased from 58.3% to 103.7% over the past 5 years.
Debt Coverage: IMI's debt is well covered by operating cash flow (25.7%).
Interest Coverage: IMI's interest payments on its debt are not well covered by EBIT (1x coverage).