Issuer Direct Balance Sheet Health
Financial Health criteria checks 1/6
Issuer Direct has a total shareholder equity of $35.4M and total debt of $19.9M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are $65.2M and $29.7M respectively. Issuer Direct's EBIT is $3.4M making its interest coverage ratio 3. It has cash and short-term investments of $5.7M.
Key information
56.2%
Debt to equity ratio
US$19.91m
Debt
| Interest coverage ratio | 3x |
| Cash | US$5.71m |
| Equity | US$35.42m |
| Total liabilities | US$29.73m |
| Total assets | US$65.15m |
Recent financial health updates
No updates
Recent updates
Should You Think About Buying Issuer Direct Corporation (NYSEMKT:ISDR) Now?
Mar 11
Here's What To Make Of Issuer Direct's (NYSEMKT:ISDR) Returns On Capital
Feb 14
Issuer Direct Corporation's (NYSEMKT:ISDR) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 23Read This Before Buying Issuer Direct Corporation (NYSEMKT:ISDR) Shares
Jan 08Did Business Growth Power Issuer Direct's (NYSEMKT:ISDR) Share Price Gain of 246%?
Dec 24Should You Think About Buying Issuer Direct Corporation (NYSEMKT:ISDR) Now?
Dec 11Should You Rely On Issuer Direct's (NYSEMKT:ISDR) Earnings Growth?
Nov 28Financial Position Analysis
Short Term Liabilities: ISDR's short term assets ($11.5M) do not cover its short term liabilities ($12.7M).
Long Term Liabilities: ISDR's short term assets ($11.5M) do not cover its long term liabilities ($17.1M).
Debt to Equity History and Analysis
Debt Level: ISDR's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: ISDR's debt to equity ratio has increased from 2.3% to 56.2% over the past 5 years.
Debt Coverage: ISDR's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: ISDR's interest payments on its debt are well covered by EBIT (3x coverage).