Impax Asset Management Group Balance Sheet Health
Financial Health criteria checks 6/6
Impax Asset Management Group has a total shareholder equity of £134.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £188.5M and £54.6M respectively. Impax Asset Management Group's EBIT is £54.2M making its interest coverage ratio -22.9. It has cash and short-term investments of £104.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -22.9x |
Cash | UK£104.78m |
Equity | UK£133.96m |
Total liabilities | UK£54.56m |
Total assets | UK£188.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPXA.F's short term assets (£149.0M) exceed its short term liabilities (£47.3M).
Long Term Liabilities: IPXA.F's short term assets (£149.0M) exceed its long term liabilities (£7.2M).
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 18.6%.
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.