Intellinetics Balance Sheet Health
Financial Health criteria checks 5/6
Intellinetics has a total shareholder equity of $10.0M and total debt of $2.3M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are $18.9M and $8.9M respectively. Intellinetics's EBIT is $789.0K making its interest coverage ratio 1.4. It has cash and short-term investments of $1.2M.
Key information
23.3%
Debt to equity ratio
US$2.33m
Debt
Interest coverage ratio | 1.4x |
Cash | US$1.18m |
Equity | US$10.02m |
Total liabilities | US$8.90m |
Total assets | US$18.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INLX's short term assets ($5.0M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: INLX's short term assets ($5.0M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: INLX's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: INLX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: INLX's debt is well covered by operating cash flow (67.4%).
Interest Coverage: INLX's interest payments on its debt are not well covered by EBIT (1.4x coverage).