IMI Balance Sheet Health
Financial Health criteria checks 5/6
IMI has a total shareholder equity of £1.0B and total debt of £644.9M, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are £2.5B and £1.4B respectively. IMI's EBIT is £320.1M making its interest coverage ratio 14.1. It has cash and short-term investments of £108.2M.
Key information
62.6%
Debt to equity ratio
UK£644.90m
Debt
Interest coverage ratio | 14.1x |
Cash | UK£108.20m |
Equity | UK£1.03b |
Total liabilities | UK£1.44b |
Total assets | UK£2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMIA.F's short term assets (£1.1B) exceed its short term liabilities (£721.6M).
Long Term Liabilities: IMIA.F's short term assets (£1.1B) exceed its long term liabilities (£718.6M).
Debt to Equity History and Analysis
Debt Level: IMIA.F's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: IMIA.F's debt to equity ratio has reduced from 80.5% to 62.6% over the past 5 years.
Debt Coverage: IMIA.F's debt is well covered by operating cash flow (56.3%).
Interest Coverage: IMIA.F's interest payments on its debt are well covered by EBIT (14.1x coverage).