This company has been acquired
Infrastructure and Energy Alternatives Balance Sheet Health
Financial Health criteria checks 2/6
Key information
1,371.0%
Debt to equity ratio
US$322.18m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$46.48m |
| Equity | US$23.50m |
| Total liabilities | US$1.03b |
| Total assets | US$1.05b |
Recent financial health updates
No updates
Recent updates
MasTec Acquires IEA: Turnaround Possible, But Not Right Now
Jul 26Long IEA, Short REI: Renewable Energy Vs. Fossil Fuels, A Showdown
Jun 28Should You Think About Buying Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) Now?
Nov 25
Infrastructure and Energy Alternatives, Inc.'s (NASDAQ:IEA) CEO Compensation Is Looking A Bit Stretched At The Moment
May 07Estimating The Fair Value Of Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA)
May 05Infrastructure and Energy Alternatives nabs $50M wind construction contract in Iowa
Apr 27Infrastructure and Energy Alternatives, Inc.'s (NASDAQ:IEA) Has Found A Path To Profitability
Apr 15Should You Investigate Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) At US$15.63?
Mar 04Infrastructure and Energy Alternatives launches secondary offering
Feb 03What Percentage Of Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) Shares Do Insiders Own?
Jan 28
The Infrastructure and Energy Alternatives (NASDAQ:IEA) Share Price Is Up 383% And Shareholders Are Delighted
Jan 02Infrastructure and Energy Alternatives' subsidiary secures 185 MW wind construction contract in Illinois
Dec 29Infrastructure and Energy Alternatives added to the CIBC Atlas Clean Energy Index
Dec 18Are Infrastructure and Energy Alternatives's (NASDAQ:IEA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 07Infrastructure And Energy Alternatives: Q3 Profitability Is A Bullish Signal, But Green Energy Is Getting Expensive
Nov 11IEA JV wins $550M contract for West Lake Corridor rail expansion
Nov 03Financial Position Analysis
Short Term Liabilities: IEA's short term assets ($806.5M) exceed its short term liabilities ($622.6M).
Long Term Liabilities: IEA's short term assets ($806.5M) exceed its long term liabilities ($405.2M).
Debt to Equity History and Analysis
Debt Level: IEA's net debt to equity ratio (1173.2%) is considered high.
Reducing Debt: IEA's debt to equity ratio has increased from 0% to 1371% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IEA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IEA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.