Imaflex Balance Sheet Health
Financial Health criteria checks 6/6
Imaflex has a total shareholder equity of CA$61.6M and total debt of CA$560.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CA$84.1M and CA$22.5M respectively. Imaflex's EBIT is CA$6.6M making its interest coverage ratio 9.4. It has cash and short-term investments of CA$687.0K.
Key information
0.9%
Debt to equity ratio
CA$560.00k
Debt
| Interest coverage ratio | 9.4x |
| Cash | CA$687.00k |
| Equity | CA$61.62m |
| Total liabilities | CA$22.49m |
| Total assets | CA$84.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFLX.F's short term assets (CA$31.8M) exceed its short term liabilities (CA$11.3M).
Long Term Liabilities: IFLX.F's short term assets (CA$31.8M) exceed its long term liabilities (CA$11.2M).
Debt to Equity History and Analysis
Debt Level: IFLX.F has more cash than its total debt.
Reducing Debt: IFLX.F's debt to equity ratio has reduced from 29.9% to 0.9% over the past 5 years.
Debt Coverage: IFLX.F's debt is well covered by operating cash flow (1402.6%).
Interest Coverage: IFLX.F's interest payments on its debt are well covered by EBIT (9.4x coverage).