Imaflex Balance Sheet Health
Financial Health criteria checks 6/6
Imaflex has a total shareholder equity of CA$55.9M and total debt of CA$4.2M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CA$78.4M and CA$22.6M respectively. Imaflex's EBIT is CA$3.0M making its interest coverage ratio 5. It has cash and short-term investments of CA$799.1K.
Key information
7.5%
Debt to equity ratio
CA$4.19m
Debt
Interest coverage ratio | 5x |
Cash | CA$799.13k |
Equity | CA$55.86m |
Total liabilities | CA$22.59m |
Total assets | CA$78.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFLX.F's short term assets (CA$28.4M) exceed its short term liabilities (CA$14.4M).
Long Term Liabilities: IFLX.F's short term assets (CA$28.4M) exceed its long term liabilities (CA$8.2M).
Debt to Equity History and Analysis
Debt Level: IFLX.F's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: IFLX.F's debt to equity ratio has reduced from 43.9% to 7.5% over the past 5 years.
Debt Coverage: IFLX.F's debt is well covered by operating cash flow (129.8%).
Interest Coverage: IFLX.F's interest payments on its debt are well covered by EBIT (5x coverage).