Impax Asset Management Group Balance Sheet Health
Financial Health criteria checks 6/6
Impax Asset Management Group has a total shareholder equity of £117.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £157.7M and £39.8M respectively. Impax Asset Management Group's EBIT is £53.5M making its interest coverage ratio -18.3. It has cash and short-term investments of £80.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -18.3x |
| Cash | UK£80.37m |
| Equity | UK£117.85m |
| Total liabilities | UK£39.84m |
| Total assets | UK£157.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPXA.F's short term assets (£120.7M) exceed its short term liabilities (£33.6M).
Long Term Liabilities: IPXA.F's short term assets (£120.7M) exceed its long term liabilities (£6.2M).
Debt to Equity History and Analysis
Debt Level: IPXA.F is debt free.
Reducing Debt: IPXA.F has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
Debt Coverage: IPXA.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IPXA.F has no debt, therefore coverage of interest payments is not a concern.