Iluka Resources Balance Sheet Health
Financial Health criteria checks 5/6
Iluka Resources has a total shareholder equity of A$2.2B and total debt of A$139.5M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are A$3.3B and A$1.2B respectively. Iluka Resources's EBIT is A$462.1M making its interest coverage ratio 200.9. It has cash and short-term investments of A$364.9M.
Key information
6.5%
Debt to equity ratio
AU$139.50m
Debt
Interest coverage ratio | 200.9x |
Cash | AU$364.90m |
Equity | AU$2.16b |
Total liabilities | AU$1.17b |
Total assets | AU$3.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ILKA.F's short term assets (A$1.3B) exceed its short term liabilities (A$287.7M).
Long Term Liabilities: ILKA.F's short term assets (A$1.3B) exceed its long term liabilities (A$884.6M).
Debt to Equity History and Analysis
Debt Level: ILKA.F has more cash than its total debt.
Reducing Debt: ILKA.F's debt to equity ratio has increased from 4.5% to 6.5% over the past 5 years.
Debt Coverage: ILKA.F's debt is well covered by operating cash flow (64.2%).
Interest Coverage: ILKA.F's interest payments on its debt are well covered by EBIT (200.9x coverage).