Impax Environmental Markets Balance Sheet Health
Financial Health criteria checks 3/6
Impax Environmental Markets has a total shareholder equity of £1.3B and total debt of £51.6M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are £1.3B and £53.7M respectively.
Key information
4.0%
Debt to equity ratio
UK£51.61m
Debt
Interest coverage ratio | n/a |
Cash | UK£26.33m |
Equity | UK£1.28b |
Total liabilities | UK£53.70m |
Total assets | UK£1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMXX.F's short term assets (£27.0M) do not cover its short term liabilities (£53.5M).
Long Term Liabilities: IMXX.F's short term assets (£27.0M) exceed its long term liabilities (£169.0K).
Debt to Equity History and Analysis
Debt Level: IMXX.F's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: IMXX.F's debt to equity ratio has reduced from 5.8% to 4% over the past 5 years.
Debt Coverage: IMXX.F's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: Insufficient data to determine if IMXX.F's interest payments on its debt are well covered by EBIT.