i3 Verticals Balance Sheet Health
Financial Health criteria checks 3/6
i3 Verticals has a total shareholder equity of $345.9M and total debt of $374.1M, which brings its debt-to-equity ratio to 108.2%. Its total assets and total liabilities are $861.7M and $515.8M respectively. i3 Verticals's EBIT is $33.2M making its interest coverage ratio 1.1. It has cash and short-term investments of $9.7M.
Key information
108.2%
Debt to equity ratio
US$374.12m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$9.75m |
| Equity | US$345.92m |
| Total liabilities | US$515.81m |
| Total assets | US$861.72m |
Recent financial health updates
Is i3 Verticals (NASDAQ:IIIV) A Risky Investment?
Jan 10
Is i3 Verticals (NASDAQ:IIIV) Using Too Much Debt?
Apr 13Does i3 Verticals (NASDAQ:IIIV) Have A Healthy Balance Sheet?
Nov 24Here's Why i3 Verticals (NASDAQ:IIIV) Has A Meaningful Debt Burden
May 05Recent updates
i3 Verticals, Inc.'s (NASDAQ:IIIV) Shares Lagging The Industry But So Is The Business
Oct 10i3 Verticals, Inc. (NASDAQ:IIIV) Screens Well But There Might Be A Catch
Jul 03i3 Verticals, Inc. (NASDAQ:IIIV) Could Be Riskier Than It Looks
Feb 16i3 Verticals, Inc. (NASDAQ:IIIV) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
May 11Is i3 Verticals (NASDAQ:IIIV) A Risky Investment?
Jan 10Is i3 Verticals, Inc. (NASDAQ:IIIV) Trading At A 27% Discount?
Nov 18Capital Allocation Trends At i3 Verticals (NASDAQ:IIIV) Aren't Ideal
Sep 15i3 Verticals appoints chief technology officer
Aug 29Is i3 Verticals, Inc. (NASDAQ:IIIV) Potentially Undervalued?
Aug 11i3 Verticals Non-GAAP EPS of $0.37 beats by $0.01, revenue of $80.55M beats by $2.93M
Aug 08Estimating The Intrinsic Value Of i3 Verticals, Inc. (NASDAQ:IIIV)
Jun 15Is i3 Verticals (NASDAQ:IIIV) Using Too Much Debt?
Apr 13What Is i3 Verticals, Inc.'s (NASDAQ:IIIV) Share Price Doing?
Feb 10Does i3 Verticals (NASDAQ:IIIV) Have A Healthy Balance Sheet?
Nov 24Calculating The Intrinsic Value Of i3 Verticals, Inc. (NASDAQ:IIIV)
May 23Here's Why i3 Verticals (NASDAQ:IIIV) Has A Meaningful Debt Burden
May 05i3 Verticals: Not A Lot To Love
Feb 02i3 Verticals, Inc. 2020 Q4 - Results - Earnings Call Presentation
Nov 24i3 Verticals EPS beats by $0.02, beats on revenue
Nov 19Financial Position Analysis
Short Term Liabilities: IIIV's short term assets ($308.0M) exceed its short term liabilities ($103.3M).
Long Term Liabilities: IIIV's short term assets ($308.0M) do not cover its long term liabilities ($412.5M).
Debt to Equity History and Analysis
Debt Level: IIIV's net debt to equity ratio (105.3%) is considered high.
Reducing Debt: IIIV's debt to equity ratio has increased from 98.1% to 108.2% over the past 5 years.
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: Whilst unprofitable IIIV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IIIV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.3% per year.