IB Acquisition Balance Sheet Health
Financial Health criteria checks 5/6
IB Acquisition has a total shareholder equity of $1.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $118.4M and $117.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$876.65k |
| Equity | US$1.28m |
| Total liabilities | US$117.12m |
| Total assets | US$118.39m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: IBAC's short term assets ($1.2M) exceed its short term liabilities ($352.4K).
Long Term Liabilities: IBAC's short term assets ($1.2M) do not cover its long term liabilities ($116.8M).
Debt to Equity History and Analysis
Debt Level: IBAC is debt free.
Reducing Debt: IBAC had no debt 5 years ago.
Debt Coverage: IBAC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IBAC has no debt, therefore coverage of interest payments is not a concern.