IG Design Group Balance Sheet Health
Financial Health criteria checks 6/6
IG Design Group has a total shareholder equity of $355.6M and total debt of $86.7M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are $762.9M and $407.3M respectively. IG Design Group's EBIT is $21.6M making its interest coverage ratio 3. It has cash and short-term investments of $71.6M.
Key information
24.4%
Debt to equity ratio
US$86.65m
Debt
| Interest coverage ratio | 3x |
| Cash | US$71.57m |
| Equity | US$355.59m |
| Total liabilities | US$407.29m |
| Total assets | US$762.88m |
Recent financial health updates
Here's Why IG Design Group (LON:IGR) Can Manage Its Debt Responsibly
Sep 13
IG Design Group (LON:IGR) Takes On Some Risk With Its Use Of Debt
Jan 11IG Design Group (LON:IGR) Takes On Some Risk With Its Use Of Debt
Feb 22Is IG Design Group (LON:IGR) A Risky Investment?
Aug 28Is IG Design Group (LON:IGR) Using Too Much Debt?
Mar 25Is IG Design Group (LON:IGR) Using Too Much Debt?
Dec 07Recent updates
IG Design Group's (LON:IGR) Returns On Capital Not Reflecting Well On The Business
Jan 05Here's Why IG Design Group (LON:IGR) Can Manage Its Debt Responsibly
Sep 13IG Design Group (LON:IGR) Is Reinvesting At Lower Rates Of Return
May 31What Is IG Design Group plc's (LON:IGR) Share Price Doing?
Mar 30Be Wary Of IG Design Group (LON:IGR) And Its Returns On Capital
Feb 17IG Design Group (LON:IGR) Takes On Some Risk With Its Use Of Debt
Jan 11Some Investors May Be Worried About IG Design Group's (LON:IGR) Returns On Capital
Oct 29When Should You Buy IG Design Group plc (LON:IGR)?
May 09Be Wary Of IG Design Group (LON:IGR) And Its Returns On Capital
Apr 12IG Design Group (LON:IGR) Takes On Some Risk With Its Use Of Debt
Feb 22At UK£1.07, Is IG Design Group plc (LON:IGR) Worth Looking At Closely?
Jan 26At UK£4.50, Is IG Design Group plc (LON:IGR) Worth Looking At Closely?
Oct 15IG Design Group (LON:IGR) May Have Issues Allocating Its Capital
Sep 27Shareholders May Be More Conservative With IG Design Group plc's (LON:IGR) CEO Compensation For Now
Sep 14Is IG Design Group (LON:IGR) A Risky Investment?
Aug 28Calculating The Intrinsic Value Of IG Design Group plc (LON:IGR)
Aug 06Returns On Capital At IG Design Group (LON:IGR) Paint A Concerning Picture
May 21Should You Investigate IG Design Group plc (LON:IGR) At UK£6.10?
Apr 19Is There An Opportunity With IG Design Group plc's (LON:IGR) 47% Undervaluation?
Apr 06Is IG Design Group (LON:IGR) Using Too Much Debt?
Mar 25What Kind Of Shareholders Own IG Design Group plc (LON:IGR)?
Mar 14IG Design Group plc (LON:IGR) Insiders Have Been Selling
Mar 01Is IG Design Group (LON:IGR) Likely To Turn Things Around?
Feb 18
How Is IG Design Group's (LON:IGR) CEO Paid Relative To Peers?
Feb 08IG Design Group plc's (LON:IGR) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 26Need To Know: Analysts Are Much More Bullish On IG Design Group plc (LON:IGR) Revenues
Jan 26Should You Buy IG Design Group plc (LON:IGR) For Its Dividend?
Jan 16Are IG Design Group's (LON:IGR) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 05IG Design Group plc (LON:IGR) Analysts Just Trimmed Their Revenue Forecasts By 15%
Dec 26IG Design Group (LON:IGR) Has Gifted Shareholders With A Fantastic 271% Total Return On Their Investment
Dec 17Is IG Design Group (LON:IGR) Using Too Much Debt?
Dec 07Trade Alert: The Independent Non-Executive Chairman Of IG Design Group plc (LON:IGR), John Stuart Charlton, Has Sold Some Shares Recently
Nov 26Calculating The Intrinsic Value Of IG Design Group plc (LON:IGR)
Nov 20Estimating The Intrinsic Value Of IG Design Group plc (LON:IGR)
Jul 30Financial Position Analysis
Short Term Liabilities: IGR's short term assets ($546.9M) exceed its short term liabilities ($334.3M).
Long Term Liabilities: IGR's short term assets ($546.9M) exceed its long term liabilities ($73.0M).
Debt to Equity History and Analysis
Debt Level: IGR's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: IGR's debt to equity ratio has reduced from 58.9% to 24.4% over the past 5 years.
Debt Coverage: IGR's debt is well covered by operating cash flow (103.3%).
Interest Coverage: IGR's interest payments on its debt are well covered by EBIT (3x coverage).