Iluka Resources Balance Sheet Health
Financial Health criteria checks 6/6
Iluka Resources has a total shareholder equity of A$2.3B and total debt of A$145.3M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are A$3.5B and A$1.2B respectively. Iluka Resources's EBIT is A$357.6M making its interest coverage ratio 77.7. It has cash and short-term investments of A$299.6M.
Key information
6.4%
Debt to equity ratio
AU$145.30m
Debt
| Interest coverage ratio | 77.7x |
| Cash | AU$299.60m |
| Equity | AU$2.28b |
| Total liabilities | AU$1.17b |
| Total assets | AU$3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ILKA.Y's short term assets (A$1.3B) exceed its short term liabilities (A$270.1M).
Long Term Liabilities: ILKA.Y's short term assets (A$1.3B) exceed its long term liabilities (A$897.3M).
Debt to Equity History and Analysis
Debt Level: ILKA.Y has more cash than its total debt.
Reducing Debt: ILKA.Y's debt to equity ratio has reduced from 16.3% to 6.4% over the past 5 years.
Debt Coverage: ILKA.Y's debt is well covered by operating cash flow (109.3%).
Interest Coverage: ILKA.Y's interest payments on its debt are well covered by EBIT (77.7x coverage).