Ipsen Balance Sheet Health
Financial Health criteria checks 6/6
Ipsen has a total shareholder equity of €4.0B and total debt of €387.5M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are €6.5B and €2.5B respectively. Ipsen's EBIT is €857.4M making its interest coverage ratio 67.5. It has cash and short-term investments of €485.4M.
Key information
9.6%
Debt to equity ratio
€387.50m
Debt
| Interest coverage ratio | 67.5x |
| Cash | €485.40m |
| Equity | €4.05b |
| Total liabilities | €2.50b |
| Total assets | €6.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPN's short term assets (€1.9B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: IPN's short term assets (€1.9B) exceed its long term liabilities (€835.9M).
Debt to Equity History and Analysis
Debt Level: IPN has more cash than its total debt.
Reducing Debt: IPN's debt to equity ratio has reduced from 77.3% to 9.6% over the past 5 years.
Debt Coverage: IPN's debt is well covered by operating cash flow (232.9%).
Interest Coverage: IPN's interest payments on its debt are well covered by EBIT (67.5x coverage).