Ingles Markets, Incorporated

NasdaqGS:IMKT.A Stock Report

Market Cap: US$1.3b

Ingles Markets Balance Sheet Health

Financial Health criteria checks 6/6

Ingles Markets has a total shareholder equity of $1.5B and total debt of $532.6M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are $2.5B and $982.1M respectively. Ingles Markets's EBIT is $172.9M making its interest coverage ratio 7.9. It has cash and short-term investments of $353.7M.

Key information

34.5%

Debt to equity ratio

US$532.62m

Debt

Interest coverage ratio7.9x
CashUS$353.69m
EquityUS$1.55b
Total liabilitiesUS$982.13m
Total assetsUS$2.53b

Recent financial health updates

Recent updates

The Market Doesn't Like What It Sees From Ingles Markets, Incorporated's (NASDAQ:IMKT.A) Earnings Yet

Nov 02
The Market Doesn't Like What It Sees From Ingles Markets, Incorporated's (NASDAQ:IMKT.A) Earnings Yet

Ingles Markets (NASDAQ:IMKT.A) Has Affirmed Its Dividend Of $0.165

Oct 04
Ingles Markets (NASDAQ:IMKT.A) Has Affirmed Its Dividend Of $0.165

Here's What To Make Of Ingles Markets' (NASDAQ:IMKT.A) Decelerating Rates Of Return

Oct 02
Here's What To Make Of Ingles Markets' (NASDAQ:IMKT.A) Decelerating Rates Of Return

Calculating The Intrinsic Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A)

Jul 31
Calculating The Intrinsic Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A)

Ingles Markets (NASDAQ:IMKT.A) Is Paying Out A Dividend Of $0.165

Jul 05
Ingles Markets (NASDAQ:IMKT.A) Is Paying Out A Dividend Of $0.165

Returns On Capital Are Showing Encouraging Signs At Ingles Markets (NASDAQ:IMKT.A)

Jun 08
Returns On Capital Are Showing Encouraging Signs At Ingles Markets (NASDAQ:IMKT.A)

Ingles Markets (NASDAQ:IMKT.A) Seems To Use Debt Quite Sensibly

Oct 21
Ingles Markets (NASDAQ:IMKT.A) Seems To Use Debt Quite Sensibly

Ingles Markets' (NASDAQ:IMKT.A) Returns On Capital Are Heading Higher

Aug 28
Ingles Markets' (NASDAQ:IMKT.A) Returns On Capital Are Heading Higher

Calculating The Intrinsic Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A)

Apr 21
Calculating The Intrinsic Value Of Ingles Markets, Incorporated (NASDAQ:IMKT.A)

Ingles Markets (NASDAQ:IMKT.A) Is Doing The Right Things To Multiply Its Share Price

Apr 04
Ingles Markets (NASDAQ:IMKT.A) Is Doing The Right Things To Multiply Its Share Price

Ingles Markets (NASDAQ:IMKT.A) Is Investing Its Capital With Increasing Efficiency

Nov 29
Ingles Markets (NASDAQ:IMKT.A) Is Investing Its Capital With Increasing Efficiency

These 4 Measures Indicate That Ingles Markets (NASDAQ:IMKT.A) Is Using Debt Reasonably Well

Oct 24
These 4 Measures Indicate That Ingles Markets (NASDAQ:IMKT.A) Is Using Debt Reasonably Well

We Ran A Stock Scan For Earnings Growth And Ingles Markets (NASDAQ:IMKT.A) Passed With Ease

Sep 03
We Ran A Stock Scan For Earnings Growth And Ingles Markets (NASDAQ:IMKT.A) Passed With Ease

Ingles Markets (NASDAQ:IMKT.A) Knows How To Allocate Capital Effectively

Aug 19
Ingles Markets (NASDAQ:IMKT.A) Knows How To Allocate Capital Effectively

Here's Why Ingles Markets (NASDAQ:IMKT.A) Can Manage Its Debt Responsibly

Jul 19
Here's Why Ingles Markets (NASDAQ:IMKT.A) Can Manage Its Debt Responsibly

If You Like EPS Growth Then Check Out Ingles Markets (NASDAQ:IMKT.A) Before It's Too Late

May 23
If You Like EPS Growth Then Check Out Ingles Markets (NASDAQ:IMKT.A) Before It's Too Late

Shareholders Would Enjoy A Repeat Of Ingles Markets' (NASDAQ:IMKT.A) Recent Growth In Returns

May 05
Shareholders Would Enjoy A Repeat Of Ingles Markets' (NASDAQ:IMKT.A) Recent Growth In Returns

Ingles Markets (NASDAQ:IMKT.A) Has Re-Affirmed Its Dividend Of US$0.17

Mar 31
Ingles Markets (NASDAQ:IMKT.A) Has Re-Affirmed Its Dividend Of US$0.17

We Take A Look At Whether Ingles Markets, Incorporated's (NASDAQ:IMKT.A) CEO May Be Underpaid

Feb 09
We Take A Look At Whether Ingles Markets, Incorporated's (NASDAQ:IMKT.A) CEO May Be Underpaid

Here's Why I Think Ingles Markets (NASDAQ:IMKT.A) Is An Interesting Stock

Feb 01
Here's Why I Think Ingles Markets (NASDAQ:IMKT.A) Is An Interesting Stock

Returns At Ingles Markets (NASDAQ:IMKT.A) Are On The Way Up

Jan 15
Returns At Ingles Markets (NASDAQ:IMKT.A) Are On The Way Up

Ingles Markets (NASDAQ:IMKT.A) Is Due To Pay A Dividend Of US$0.17

Dec 30
Ingles Markets (NASDAQ:IMKT.A) Is Due To Pay A Dividend Of US$0.17

Is Ingles Markets (NASDAQ:IMKT.A) A Risky Investment?

Nov 25
Is Ingles Markets (NASDAQ:IMKT.A) A Risky Investment?

Here's Why I Think Ingles Markets (NASDAQ:IMKT.A) Might Deserve Your Attention Today

Oct 20
Here's Why I Think Ingles Markets (NASDAQ:IMKT.A) Might Deserve Your Attention Today

Ingles Markets (NASDAQ:IMKT.A) Has Affirmed Its Dividend Of US$0.17

Sep 30
Ingles Markets (NASDAQ:IMKT.A) Has Affirmed Its Dividend Of US$0.17

Shareholders Would Enjoy A Repeat Of Ingles Markets' (NASDAQ:IMKT.A) Recent Growth In Returns

Sep 16
Shareholders Would Enjoy A Repeat Of Ingles Markets' (NASDAQ:IMKT.A) Recent Growth In Returns

Ingles Markets' (NASDAQ:IMKT.A) Dividend Will Be US$0.17

Jul 01
Ingles Markets' (NASDAQ:IMKT.A) Dividend Will Be US$0.17

Here's Why Ingles Markets (NASDAQ:IMKT.A) Can Manage Its Debt Responsibly

Jun 20
Here's Why Ingles Markets (NASDAQ:IMKT.A) Can Manage Its Debt Responsibly

Shareholders Would Enjoy A Repeat Of Ingles Markets' (NASDAQ:IMKT.A) Recent Growth In Returns

May 03
Shareholders Would Enjoy A Repeat Of Ingles Markets' (NASDAQ:IMKT.A) Recent Growth In Returns

Here's Why We Think Ingles Markets (NASDAQ:IMKT.A) Is Well Worth Watching

Mar 23
Here's Why We Think Ingles Markets (NASDAQ:IMKT.A) Is Well Worth Watching

Here's Why Ingles Markets (NASDAQ:IMKT.A) Can Manage Its Debt Responsibly

Mar 10
Here's Why Ingles Markets (NASDAQ:IMKT.A) Can Manage Its Debt Responsibly

If You Had Bought Ingles Markets (NASDAQ:IMKT.A) Stock Three Years Ago, You Could Pocket A 61% Gain Today

Feb 25
If You Had Bought Ingles Markets (NASDAQ:IMKT.A) Stock Three Years Ago, You Could Pocket A 61% Gain Today

This Insider Has Just Sold Shares In Ingles Markets, Incorporated (NASDAQ:IMKT.A)

Feb 13
This Insider Has Just Sold Shares In Ingles Markets, Incorporated (NASDAQ:IMKT.A)

Is Ingles Markets, Incorporated's(NASDAQ:IMKT.A) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 07
Is Ingles Markets, Incorporated's(NASDAQ:IMKT.A) Recent Stock Performance Tethered To Its Strong Fundamentals?

Financial Position Analysis

Short Term Liabilities: IMKT.A's short term assets ($925.5M) exceed its short term liabilities ($320.6M).

Long Term Liabilities: IMKT.A's short term assets ($925.5M) exceed its long term liabilities ($661.5M).


Debt to Equity History and Analysis

Debt Level: IMKT.A's net debt to equity ratio (11.6%) is considered satisfactory.

Reducing Debt: IMKT.A's debt to equity ratio has reduced from 128.6% to 34.5% over the past 5 years.

Debt Coverage: IMKT.A's debt is well covered by operating cash flow (49.3%).

Interest Coverage: IMKT.A's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 22:55
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/28
Annual Earnings2024/09/28

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Ingles Markets, Incorporated is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Damian WitkowskiG. Research, LLC
Navneet GoswamiVirtua Research Inc.