Ibotta Balance Sheet Health
Financial Health criteria checks 5/6
Ibotta has a total shareholder equity of $27.9M and total debt of $64.4M, which brings its debt-to-equity ratio to 230.8%. Its total assets and total liabilities are $319.8M and $291.9M respectively. Ibotta's EBIT is $56.2M making its interest coverage ratio 8.2. It has cash and short-term investments of $62.6M.
Key information
230.8%
Debt to equity ratio
US$64.45m
Debt
Interest coverage ratio | 8.2x |
Cash | US$62.59m |
Equity | US$27.93m |
Total liabilities | US$291.86m |
Total assets | US$319.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBTA's short term assets ($298.3M) exceed its short term liabilities ($198.2M).
Long Term Liabilities: IBTA's short term assets ($298.3M) exceed its long term liabilities ($93.7M).
Debt to Equity History and Analysis
Debt Level: IBTA's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IBTA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IBTA's debt is well covered by operating cash flow (35.2%).
Interest Coverage: IBTA's interest payments on its debt are well covered by EBIT (8.2x coverage).