Idaho Strategic Resources Balance Sheet Health
Financial Health criteria checks 5/6
Idaho Strategic Resources has a total shareholder equity of $20.5M and total debt of $2.3M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are $23.9M and $3.4M respectively. Idaho Strategic Resources's EBIT is $999.3K making its interest coverage ratio -24.2. It has cash and short-term investments of $2.3M.
Key information
11.3%
Debt to equity ratio
US$2.32m
Debt
Interest coverage ratio | -24.2x |
Cash | US$2.29m |
Equity | US$20.54m |
Total liabilities | US$3.35m |
Total assets | US$23.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDR's short term assets ($4.4M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: IDR's short term assets ($4.4M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: IDR's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: IDR's debt to equity ratio has increased from 9.6% to 11.3% over the past 5 years.
Debt Coverage: IDR's debt is well covered by operating cash flow (90.8%).
Interest Coverage: IDR earns more interest than it pays, so coverage of interest payments is not a concern.