Integrated Micro-Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Integrated Micro-Electronics has a total shareholder equity of $309.7M and total debt of $356.4M, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are $993.7M and $684.0M respectively. Integrated Micro-Electronics's EBIT is $18.7M making its interest coverage ratio 1. It has cash and short-term investments of $103.0M.
Key information
115.1%
Debt to equity ratio
US$356.45m
Debt
Interest coverage ratio | 1x |
Cash | US$103.01m |
Equity | US$309.71m |
Total liabilities | US$684.02m |
Total assets | US$993.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMI's short term assets ($741.0M) exceed its short term liabilities ($517.7M).
Long Term Liabilities: IMI's short term assets ($741.0M) exceed its long term liabilities ($166.4M).
Debt to Equity History and Analysis
Debt Level: IMI's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: IMI's debt to equity ratio has increased from 79.1% to 115.1% over the past 5 years.
Debt Coverage: IMI's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: IMI's interest payments on its debt are not well covered by EBIT (1x coverage).