Ebix Balance Sheet Health
Financial Health criteria checks 2/6
Ebix has a total shareholder equity of $651.5M and total debt of $631.6M, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are $1.6B and $910.4M respectively. Ebix's EBIT is $109.9M making its interest coverage ratio 1.2. It has cash and short-term investments of $88.7M.
Key information
96.9%
Debt to equity ratio
US$631.60m
Debt
Interest coverage ratio | 1.2x |
Cash | US$88.69m |
Equity | US$651.54m |
Total liabilities | US$910.45m |
Total assets | US$1.56b |
Recent financial health updates
Recent updates
Calculating The Intrinsic Value Of Ebix, Inc. (NASDAQ:EBIX)
Sep 19Investors Will Want Ebix's (NASDAQ:EBIX) Growth In ROCE To Persist
Aug 19Here's Why Ebix (NASDAQ:EBIX) Has A Meaningful Debt Burden
Aug 01Investors Will Want Ebix's (NASDAQ:EBIX) Growth In ROCE To Persist
Apr 06Is Ebix (NASDAQ:EBIX) Using Too Much Debt?
Mar 11Calculating The Intrinsic Value Of Ebix, Inc. (NASDAQ:EBIX)
Jan 06Ebix (NASDAQ:EBIX) Is Doing The Right Things To Multiply Its Share Price
Dec 14Ebix (NASDAQ:EBIX) Has Announced A Dividend Of $0.075
Nov 26We Think Ebix (NASDAQ:EBIX) Is Taking Some Risk With Its Debt
Nov 17Ebix: Affordable Bet On The Fast-Growing Fintech Industry
Sep 27Ebix (NASDAQ:EBIX) Has Announced A Dividend Of $0.075
Aug 23Ebix declares $0.075 dividend
Aug 19Ebix stock slides as forex headwinds weigh on Q2 results
Aug 09Ebix (NASDAQ:EBIX) Has A Somewhat Strained Balance Sheet
Aug 09EbixCash and J&K Bank sign agreement for facilitating money transfer services across branches
Jul 21Calculating The Fair Value Of Ebix, Inc. (NASDAQ:EBIX)
Jul 21Ebix: Even More Attractive After Price Drop Due To Short Attack
Jul 13Slowing Rates Of Return At Ebix (NASDAQ:EBIX) Leave Little Room For Excitement
Jun 28Ebix: Optimistic Quarterly Reports And Significant Market Growth
Jun 02Ebix: A Bet On Fintech With High Risk/Reward
May 27Here's Why Ebix (NASDAQ:EBIX) Has A Meaningful Debt Burden
Mar 15Financial Position Analysis
Short Term Liabilities: EBIX.Q's short term assets ($358.9M) do not cover its short term liabilities ($865.4M).
Long Term Liabilities: EBIX.Q's short term assets ($358.9M) exceed its long term liabilities ($45.1M).
Debt to Equity History and Analysis
Debt Level: EBIX.Q's net debt to equity ratio (83.3%) is considered high.
Reducing Debt: EBIX.Q's debt to equity ratio has reduced from 120.4% to 96.9% over the past 5 years.
Debt Coverage: EBIX.Q's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: EBIX.Q's interest payments on its debt are not well covered by EBIT (1.2x coverage).