Infinite Group (IMCI) Debt Metrics
Market Cap: $104
Avg Volume: 1.31K
Industry: Information Technology Services
Sector: Technology
How much debt does Infinite Group have?
According to Infinite Group's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Infinite Group's total debt stands at $4.70M. This is broken down into:
- Long-term debt: $1.92M
- Short-term debt: $2.78M
The company's net debt, which accounts for cash and cash equivalents, is $4.67M. In terms of overall financial obligations, Infinite Group's total liabilities amount to $8.53M.
Debt Ratios and Metrics
To better understand Infinite Group's debt position, we can look at several key ratios:
- Debt to Equity Ratio: -0.68 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 281.94% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -2.01 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: -24.39% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: -216.73% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Infinite Group's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$4.70M
Long-term Debt
$1.92M
Short-term Debt
$2.78M
Net Debt
$4.67M
Total Liabilities
$8.53M
Interest Coverage
-2.01
Debt to Equity Ratio
-0.68
Debt Ratio
281.94%
Infinite Group Historical Debt Metrics
Infinite Group Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2022.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $4.70M | $1.92M | $2.78M | $4.67M | $8.53M | -0.68 | 281.94% | -2.01 | -24.39% | -216.73% |
| 2021 | $3.15M | $1.54M | $1.61M | $3.05M | $5.65M | -0.77 | 203.07% | -5.00 | -60.40% | -333.80% |
| 2020 | $2.76M | $1.52M | $1.33M | $2.73M | $4.72M | -0.89 | 171.26% | 3.31 | -90.28% | -806.45% |
| 2019 | $2.93M | $1.00M | $2.00M | $2.92M | $4.80M | -0.75 | 326.81% | 1.17 | -29.11% | -300.34% |
| 2018 | $2.58M | $1.42M | $1.15M | $2.55M | $4.33M | -0.64 | 771.36% | 0.82 | -55.17% | -181.11% |
| 2017 | $2.51M | $1.40M | $1.11M | $2.43M | $4.62M | -0.62 | 430.41% | -1.61 | -52.85% | -163.62% |
| 2016 | $2.05M | $1.68M | $1.21M | $2.01M | $4.43M | -0.51 | 464.39% | -0.30 | -72.98% | -105.82% |
| 2015 | $2.26M | $2.03M | $470.75K | $2.25M | $4.13M | -0.60 | 598.90% | -1.85 | -118.02% | -151.00% |
| 2014 | $2.36M | $2.17M | $181.56K | $2.35M | $3.62M | -0.79 | 381.74% | -0.19 | -263.24% | -365.62% |
| 2013 | $2.22M | $2.02M | $193.19K | $2.20M | $3.59M | -0.83 | 239.27% | 1.43 | -316.05% | -495.67% |
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