Immersion Balance Sheet Health
Financial Health criteria checks 4/6
Immersion has a total shareholder equity of $425.9M and total debt of $186.6M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are $1.2B and $761.7M respectively. Immersion's EBIT is $55.6M making its interest coverage ratio -2.3. It has cash and short-term investments of $133.4M.
Key information
43.8%
Debt to equity ratio
US$186.64m
Debt
| Interest coverage ratio | -2.3x |
| Cash | US$133.40m |
| Equity | US$425.92m |
| Total liabilities | US$761.75m |
| Total assets | US$1.19b |
Recent financial health updates
Recent updates
Immersion Corporation: Cheap For Good Reason - Hold
Aug 22There's No Escaping Immersion Corporation's (NASDAQ:IMMR) Muted Earnings Despite A 44% Share Price Rise
Jul 29
Immersion Corp.: The Technology Is Great, But The Business Model Is Not Appealing
Jul 21Is It Too Late To Consider Buying Immersion Corporation (NASDAQ:IMMR)?
Jul 17Immersion: A Value Play In A Unique Market Segment
Jul 09Immersion: An Able Capital Allocator Is Leading A Transformation
May 08Immersion's (NASDAQ:IMMR) Profits May Not Reveal Underlying Issues
Mar 18Immersion: Undervalued, But More Than Just Financial Engineering Needed
Jan 19Is Immersion Corporation (NASDAQ:IMMR) Potentially Undervalued?
Apr 01Here's Why We Think Immersion (NASDAQ:IMMR) Is Well Worth Watching
Feb 28Immersion Corporation: Litigant Play Against Meta Platforms
Oct 13We Like These Underlying Return On Capital Trends At Immersion (NASDAQ:IMMR)
Sep 24Immersion: A Profitable Leader In Haptic Trading At A Dirt Cheap Level
Aug 09At US$6.16, Is It Time To Put Immersion Corporation (NASDAQ:IMMR) On Your Watch List?
Aug 05Statutory Profit Doesn't Reflect How Good Immersion's (NASDAQ:IMMR) Earnings Are
Mar 04Immersion (NASDAQ:IMMR) Shareholders Will Want The ROCE Trajectory To Continue
Mar 01Immersion: The Market Leader Of Haptic Technology Plunged By 33% In 6 Months
Jan 21When Should You Buy Immersion Corporation (NASDAQ:IMMR)?
Jan 11Immersion Is Too Cheap
Oct 26These Analysts Think Immersion Corporation's (NASDAQ:IMMR) Sales Are Under Threat
Aug 22We Like These Underlying Return On Capital Trends At Immersion (NASDAQ:IMMR)
Aug 18Financial Position Analysis
Short Term Liabilities: IMMR's short term assets ($678.6M) exceed its short term liabilities ($437.8M).
Long Term Liabilities: IMMR's short term assets ($678.6M) exceed its long term liabilities ($323.9M).
Debt to Equity History and Analysis
Debt Level: IMMR's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: IMMR's debt to equity ratio has increased from 0% to 43.8% over the past 5 years.
Debt Coverage: IMMR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IMMR earns more interest than it pays, so coverage of interest payments is not a concern.