inTEST Balance Sheet Health
Financial Health criteria checks 5/6
inTEST has a total shareholder equity of $96.3M and total debt of $12.0M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are $134.8M and $38.5M respectively. inTEST's EBIT is $10.4M making its interest coverage ratio 15.4. It has cash and short-term investments of $45.3M.
Key information
12.5%
Debt to equity ratio
US$12.04m
Debt
Interest coverage ratio | 15.4x |
Cash | US$45.26m |
Equity | US$96.28m |
Total liabilities | US$38.55m |
Total assets | US$134.83m |
Financial Position Analysis
Short Term Liabilities: INTT's short term assets ($85.8M) exceed its short term liabilities ($24.3M).
Long Term Liabilities: INTT's short term assets ($85.8M) exceed its long term liabilities ($14.2M).
Debt to Equity History and Analysis
Debt Level: INTT has more cash than its total debt.
Reducing Debt: INTT's debt to equity ratio has increased from 0% to 12.5% over the past 5 years.
Debt Coverage: INTT's debt is well covered by operating cash flow (134.6%).
Interest Coverage: INTT's interest payments on its debt are well covered by EBIT (15.4x coverage).