IBEX Technologies Balance Sheet Health
Financial Health criteria checks 6/6
IBEX Technologies has a total shareholder equity of CA$14.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$17.2M and CA$3.0M respectively. IBEX Technologies's EBIT is CA$1.6M making its interest coverage ratio -4.9. It has cash and short-term investments of CA$8.7M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -4.9x |
Cash | CA$8.69m |
Equity | CA$14.23m |
Total liabilities | CA$3.00m |
Total assets | CA$17.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBXN.F's short term assets (CA$10.5M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: IBXN.F's short term assets (CA$10.5M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: IBXN.F is debt free.
Reducing Debt: IBXN.F has no debt compared to 5 years ago when its debt to equity ratio was 13.3%.
Debt Coverage: IBXN.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IBXN.F has no debt, therefore coverage of interest payments is not a concern.