Intrepid Potash (IPI) Debt Metrics
Market Cap: $388.72M
Avg Volume: 155.54K
Industry: Agricultural Inputs
Sector: Basic Materials
How much debt does Intrepid Potash have?
According to Intrepid Potash's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Intrepid Potash's total debt stands at $2.62M. This is broken down into:
- Long-term debt: $2.62M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-38.69M. In terms of overall financial obligations, Intrepid Potash's total liabilities amount to $120.13M.
Debt Ratios and Metrics
To better understand Intrepid Potash's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.01 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.44% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 46.56 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.55% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 0.55% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Intrepid Potash'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
$2.62M
Long-term Debt
$2.62M
Short-term Debt
$-
Net Debt
$-38.69M
Total Liabilities
$120.13M
Interest Coverage
46.56
Debt to Equity Ratio
0.01
Debt Ratio
0.44%
Intrepid Potash Historical Debt Metrics
Intrepid Potash 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 | $2.62M | $2.62M | $- | $-38.69M | $120.13M | 0.01 | 0.44% | 46.56 | 0.55% | 0.55% |
| 2023 | $8.54M | $6.19M | $2.35M | $4.44M | $84.05M | 0.01 | 1.11% | 0.00 | 0.58% | 1.23% |
| 2022 | $2.21M | $2.21M | $- | $-16.31M | $79.12M | 0.00 | 0.28% | 944.95 | 0.00% | 0.31% |
| 2021 | $1.88M | $1.88M | $- | $-34.57M | $103.49M | 0.00 | 0.25% | 21.98 | 0.00% | 0.28% |
| 2020 | $56.88M | $46.88M | $13.31M | $37.36M | $138.93M | 0.14 | 10.34% | -3.97 | 9.81% | 12.15% |
| 2019 | $73.59M | $33.78M | $42.00M | $52.99M | $143.78M | 0.17 | 12.72% | 5.40 | 6.41% | 14.48% |
| 2018 | $49.64M | $49.64M | $- | $16.42M | $107.97M | 0.12 | 9.45% | 4.02 | 10.63% | 10.63% |
| 2017 | $63.34M | $49.44M | $13.90M | $62.27M | $108.50M | 0.16 | 12.39% | -1.23 | 10.94% | 13.59% |
| 2016 | $133.43M | $133.43M | $- | $128.97M | $177.53M | 0.37 | 24.67% | -4.97 | 26.86% | 26.86% |
| 2015 | $150.00M | $149.49M | $- | $140.69M | $213.96M | 0.35 | 23.42% | -58.23 | 25.95% | 26.02% |
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