Insteel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Insteel Industries has a total shareholder equity of $333.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $390.6M and $57.0M respectively. Insteel Industries's EBIT is $24.0M making its interest coverage ratio -5. It has cash and short-term investments of $85.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -5x |
| Cash | US$85.62m |
| Equity | US$333.60m |
| Total liabilities | US$56.97m |
| Total assets | US$390.57m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)
Mar 22
Insteel Industries, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Jan 21Insteel Industries: Safe, Why It's Still A Sell
Dec 12At US$36.03, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?
Dec 06Need To Know: This Analyst Just Made A Substantial Cut To Their Insteel Industries, Inc. (NYSE:IIIN) Estimates
Oct 24Insteel Industries: Monitoring The Leading Construction Indicators Into 2024
Oct 22Calculating The Intrinsic Value Of Insteel Industries, Inc. (NYSE:IIIN)
Oct 19Insteel Industries: Strong Fundamentals But May Face More Headwinds
Jul 06It's Unlikely That Insteel Industries, Inc.'s (NYSE:IIIN) CEO Will See A Huge Pay Rise This Year
Feb 08Insteel Industries: Looks Like A Tough Year Ahead
Jan 25Insteel Q1 2023 Earnings Preview
Jan 18Returns On Capital Are A Standout For Insteel Industries (NYSE:IIIN)
Jan 12Insteel declares $0.03 quarterly and $2.00 special dividend
Nov 15Insteel Industries: Additional Patience Is Required
Nov 07Is There Now An Opportunity In Insteel Industries, Inc. (NYSE:IIIN)?
Oct 26Insteel GAAP EPS of $1.24, revenue of $207.99M
Oct 20Returns on Capital Paint A Bright Future For Insteel Industries (NYSE:IIIN)
Sep 02Insteel declares $0.03 dividend
Aug 30Insteel Industries: Cheap Enough To Be Worth The Risk
Aug 02Insteel GAAP EPS of $1.96, revenue of $227.2M
Jul 21With EPS Growth And More, Insteel Industries (NYSE:IIIN) Makes An Interesting Case
Jul 20When Should You Buy Insteel Industries, Inc. (NYSE:IIIN)?
May 25Is There An Opportunity With Insteel Industries, Inc.'s (NYSE:IIIN) 38% Undervaluation?
May 04Insteel Industries Q2 2022 Earnings Review: Only Attractive If Current Conditions Persist
Apr 22Insteel Generating Historically Strong Margins With Robust Underlying Demand
Mar 25We Think Insteel Industries, Inc.'s (NYSE:IIIN) CEO Compensation Looks Fair
Feb 09Financial Position Analysis
Short Term Liabilities: IIIN's short term assets ($231.8M) exceed its short term liabilities ($33.4M).
Long Term Liabilities: IIIN's short term assets ($231.8M) exceed its long term liabilities ($23.5M).
Debt to Equity History and Analysis
Debt Level: IIIN is debt free.
Reducing Debt: IIIN has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: IIIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IIIN has no debt, therefore coverage of interest payments is not a concern.