Insteel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Insteel Industries has a total shareholder equity of $350.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $422.6M and $71.7M respectively. Insteel Industries's EBIT is $20.0M making its interest coverage ratio -3.8. It has cash and short-term investments of $111.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.8x |
| Cash | US$111.54m |
| Equity | US$350.86m |
| Total liabilities | US$71.70m |
| Total assets | US$422.55m |
Recent financial health updates
No updates
Recent updates
Insteel Industries: Reinforced Steel Play, But Not A Strong Stock
Oct 27Returns At Insteel Industries (NYSE:IIIN) Appear To Be Weighed Down
Sep 06
Insteel Industries, Inc.'s (NYSE:IIIN) Earnings Haven't Escaped The Attention Of Investors
Jul 17Insteel Industries: Knowing When Enough Is Enough
May 22Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings
May 02At US$32.10, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?
May 01A Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)
Mar 22Insteel 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 02Financial Position Analysis
Short Term Liabilities: IIIN's short term assets ($267.3M) exceed its short term liabilities ($47.0M).
Long Term Liabilities: IIIN's short term assets ($267.3M) exceed its long term liabilities ($24.7M).
Debt to Equity History and Analysis
Debt Level: IIIN is debt free.
Reducing Debt: IIIN had no debt 5 years ago.
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Insteel Industries, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Hayes | Davenport & Company |
| Tyson Bauer | Kansas City Capital Associates |
| Christopher Olin | Longbow Research LLC |