Intercontinental Exchange Balance Sheet Health
Financial Health criteria checks 3/6
Intercontinental Exchange has a total shareholder equity of $27.3B and total debt of $21.2B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are $135.2B and $107.9B respectively. Intercontinental Exchange's EBIT is $4.3B making its interest coverage ratio 5.3. It has cash and short-term investments of $755.0M.
Key information
77.7%
Debt to equity ratio
US$21.20b
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$755.00m |
| Equity | US$27.27b |
| Total liabilities | US$107.93b |
| Total assets | US$135.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICEI's short term assets ($84.7B) exceed its short term liabilities ($84.6B).
Long Term Liabilities: ICEI's short term assets ($84.7B) exceed its long term liabilities ($23.4B).
Debt to Equity History and Analysis
Debt Level: ICEI's net debt to equity ratio (75%) is considered high.
Reducing Debt: ICEI's debt to equity ratio has increased from 45.3% to 77.7% over the past 5 years.
Debt Coverage: ICEI's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: ICEI's interest payments on its debt are well covered by EBIT (5.3x coverage).