Idaho Strategic Resources Balance Sheet Health
Financial Health criteria checks 6/6
Idaho Strategic Resources has a total shareholder equity of $35.8M and total debt of $2.9M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $40.8M and $5.0M respectively. Idaho Strategic Resources's EBIT is $6.0M making its interest coverage ratio -30.2. It has cash and short-term investments of $11.6M.
Key information
8.2%
Debt to equity ratio
US$2.92m
Debt
| Interest coverage ratio | -30.2x |
| Cash | US$11.59m |
| Equity | US$35.79m |
| Total liabilities | US$5.03m |
| Total assets | US$40.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDR's short term assets ($14.4M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: IDR's short term assets ($14.4M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: IDR has more cash than its total debt.
Reducing Debt: IDR's debt to equity ratio has reduced from 16.9% to 8.2% over the past 5 years.
Debt Coverage: IDR's debt is well covered by operating cash flow (303.6%).
Interest Coverage: IDR earns more interest than it pays, so coverage of interest payments is not a concern.