How much debt does Innospec have?
According to Innospec's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Innospec's total debt stands at $44.90M. This is broken down into:
- Long-term debt: $31.00M
- Short-term debt: $13.90M
The company's net debt, which accounts for cash and cash equivalents, is $-244.30M. In terms of overall financial obligations, Innospec's total liabilities amount to $518.60M.
Debt Ratios and Metrics
To better understand Innospec's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.04 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 2.59% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 2.50% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 3.57% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Innospec'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
$44.90M
Long-term Debt
$31.00M
Short-term Debt
$13.90M
Net Debt
$-244.30M
Total Liabilities
$518.60M
Interest Coverage
0.00
Debt to Equity Ratio
0.04
Debt Ratio
2.59%
Innospec Historical Debt Metrics
Innospec Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $44.90M | $31.00M | $13.90M | $-244.30M | $518.60M | 0.04 | 2.59% | 0.00 | 2.50% | 3.57% |
| 2023 | $45.20M | $31.60M | $13.60M | $-158.50M | $557.80M | 0.04 | 2.65% | 0.00 | 0.00% | 3.79% |
| 2022 | $45.30M | $62.80M | $27.80M | $-101.80M | $563.30M | 0.04 | 2.82% | 170.27 | 2.93% | 4.17% |
| 2021 | $35.60M | $46.20M | $12.50M | $-106.20M | $537.90M | 0.03 | 2.27% | 88.07 | 2.19% | 3.33% |
| 2020 | $40.80M | $29.00M | $11.80M | $-64.50M | $452.50M | 0.04 | 2.92% | 45.89 | 0.00% | 4.14% |
| 2019 | $92.60M | $81.00M | $11.60M | $16.90M | $549.90M | 0.10 | 6.30% | 31.23 | 5.99% | 9.15% |
| 2018 | $210.90M | $187.70M | $23.20M | $87.80M | $647.90M | 0.26 | 14.31% | 19.35 | 18.40% | 20.35% |
| 2017 | $224.30M | $205.80M | $18.50M | $134.10M | $615.90M | 0.28 | 15.91% | 15.82 | 20.32% | 22.02% |
| 2016 | $273.30M | $261.40M | $11.90M | $171.40M | $527.60M | 0.42 | 23.13% | 32.94 | 28.33% | 29.48% |
| 2015 | $136.10M | $134.00M | $700.00K | $-800.00K | $424.70M | 0.22 | 13.21% | 39.08 | 17.86% | 18.36% |
Related Metrics
Explore detailed financial metrics and analysis for IOSP.