Information Services Balance Sheet Health
Financial Health criteria checks 1/6
Information Services has a total shareholder equity of CA$173.7M and total debt of CA$177.5M, which brings its debt-to-equity ratio to 102.2%. Its total assets and total liabilities are CA$517.7M and CA$344.0M respectively. Information Services's EBIT is CA$54.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$12.0M.
Key information
102.2%
Debt to equity ratio
CA$177.49m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$12.02m |
| Equity | CA$173.71m |
| Total liabilities | CA$343.99m |
| Total assets | CA$517.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRMT.F's short term assets (CA$40.6M) do not cover its short term liabilities (CA$66.4M).
Long Term Liabilities: IRMT.F's short term assets (CA$40.6M) do not cover its long term liabilities (CA$277.6M).
Debt to Equity History and Analysis
Debt Level: IRMT.F's net debt to equity ratio (95.3%) is considered high.
Reducing Debt: IRMT.F's debt to equity ratio has increased from 16.8% to 102.2% over the past 5 years.
Debt Coverage: IRMT.F's debt is well covered by operating cash flow (40%).
Interest Coverage: IRMT.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).