International Business Machines Balance Sheet Health
Financial Health criteria checks 4/6
International Business Machines has a total shareholder equity of $23.3B and total debt of $58.8B, which brings its debt-to-equity ratio to 252%. Its total assets and total liabilities are $137.2B and $113.8B respectively. International Business Machines's EBIT is $9.9B making its interest coverage ratio 10.3. It has cash and short-term investments of $19.1B.
Key information
252.0%
Debt to equity ratio
US$58.80b
Debt
Interest coverage ratio | 10.3x |
Cash | US$19.12b |
Equity | US$23.33b |
Total liabilities | US$113.84b |
Total assets | US$137.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBM's short term assets ($36.7B) exceed its short term liabilities ($32.4B).
Long Term Liabilities: IBM's short term assets ($36.7B) do not cover its long term liabilities ($81.4B).
Debt to Equity History and Analysis
Debt Level: IBM's net debt to equity ratio (170.1%) is considered high.
Reducing Debt: IBM's debt to equity ratio has reduced from 301.4% to 252% over the past 5 years.
Debt Coverage: IBM's debt is well covered by operating cash flow (24.4%).
Interest Coverage: IBM's interest payments on its debt are well covered by EBIT (10.3x coverage).