IB Acquisition Balance Sheet Health
Financial Health criteria checks 5/6
IB Acquisition has a total shareholder equity of $1.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $117.3M and $115.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$1.66m |
Equity | US$1.35m |
Total liabilities | US$115.91m |
Total assets | US$117.27m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: IBAC's short term assets ($1.7M) exceed its short term liabilities ($336.7K).
Long Term Liabilities: IBAC's short term assets ($1.7M) do not cover its long term liabilities ($115.6M).
Debt to Equity History and Analysis
Debt Level: IBAC is debt free.
Reducing Debt: IBAC had no debt 5 years ago.
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: IBAC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IBAC has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 150% each year.