I-ON Digital Balance Sheet Health
Financial Health criteria checks 1/6
I-ON Digital has a total shareholder equity of $324.9K and total debt of $152.7K, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are $785.9K and $461.0K respectively.
Key information
47.0%
Debt to equity ratio
US$152.69k
Debt
| Interest coverage ratio | n/a |
| Cash | US$286.00 |
| Equity | US$324.93k |
| Total liabilities | US$460.96k |
| Total assets | US$785.89k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IONI's short term assets ($24.2K) do not cover its short term liabilities ($461.0K).
Long Term Liabilities: IONI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IONI's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: IONI's debt to equity ratio has increased from 20.9% to 47% over the past 5 years.
Debt Coverage: IONI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IONI's interest payments on its debt are well covered by EBIT.