i3 Energy Balance Sheet Health
Financial Health criteria checks 5/6
i3 Energy has a total shareholder equity of £162.0M and total debt of £209.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are £280.0M and £118.0M respectively. i3 Energy's EBIT is £12.7M making its interest coverage ratio 3. It has cash and short-term investments of £8.8M.
Key information
0.1%
Debt to equity ratio
UK£209.00k
Debt
| Interest coverage ratio | 3x |
| Cash | UK£8.80m |
| Equity | UK£161.96m |
| Total liabilities | UK£118.03m |
| Total assets | UK£279.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITEE.F's short term assets (£33.1M) exceed its short term liabilities (£29.8M).
Long Term Liabilities: ITEE.F's short term assets (£33.1M) do not cover its long term liabilities (£88.2M).
Debt to Equity History and Analysis
Debt Level: ITEE.F has more cash than its total debt.
Reducing Debt: ITEE.F's debt to equity ratio has reduced from 35.9% to 0.1% over the past 5 years.
Debt Coverage: ITEE.F's debt is well covered by operating cash flow (21475.1%).
Interest Coverage: ITEE.F's interest payments on its debt are well covered by EBIT (3x coverage).