Imdex Balance Sheet Health
Financial Health criteria checks 5/6
Imdex has a total shareholder equity of A$571.3M and total debt of A$82.1M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are A$786.1M and A$214.9M respectively. Imdex's EBIT is A$70.4M making its interest coverage ratio 7.3. It has cash and short-term investments of A$47.1M.
Key information
14.4%
Debt to equity ratio
AU$82.14m
Debt
| Interest coverage ratio | 7.3x |
| Cash | AU$47.13m |
| Equity | AU$571.28m |
| Total liabilities | AU$214.87m |
| Total assets | AU$786.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMDX.F's short term assets (A$217.2M) exceed its short term liabilities (A$95.2M).
Long Term Liabilities: IMDX.F's short term assets (A$217.2M) exceed its long term liabilities (A$119.7M).
Debt to Equity History and Analysis
Debt Level: IMDX.F's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: IMDX.F's debt to equity ratio has increased from 2.8% to 14.4% over the past 5 years.
Debt Coverage: IMDX.F's debt is well covered by operating cash flow (131.5%).
Interest Coverage: IMDX.F's interest payments on its debt are well covered by EBIT (7.3x coverage).