I-ON Digital Balance Sheet Health
Financial Health criteria checks 3/6
I-ON Digital has a total shareholder equity of $17.0M and total debt of $1.2M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $18.6M and $1.7M respectively.
Key information
7.1%
Debt to equity ratio
US$1.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$156.36k |
| Equity | US$16.96m |
| Total liabilities | US$1.68m |
| Total assets | US$18.64m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IONI's short term assets ($260.7K) do not cover its short term liabilities ($1.7M).
Long Term Liabilities: IONI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IONI's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: IONI's debt to equity ratio has reduced from 14.1% to 7.1% 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.