IBC Advanced Alloys Balance Sheet Health
Financial Health criteria checks 3/6
IBC Advanced Alloys has a total shareholder equity of $3.0M and total debt of $14.7M, which brings its debt-to-equity ratio to 487.4%. Its total assets and total liabilities are $27.8M and $24.8M respectively.
Key information
487.4%
Debt to equity ratio
US$14.70m
Debt
Interest coverage ratio | n/a |
Cash | US$1.77m |
Equity | US$3.02m |
Total liabilities | US$24.79m |
Total assets | US$27.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAAL.F's short term assets ($15.3M) do not cover its short term liabilities ($22.6M).
Long Term Liabilities: IAAL.F's short term assets ($15.3M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: IAAL.F's net debt to equity ratio (428.7%) is considered high.
Reducing Debt: IAAL.F's debt to equity ratio has increased from 93.3% to 487.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IAAL.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IAAL.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.9% per year.