IPD Group Balance Sheet Health
Financial Health criteria checks 6/6
IPD Group has a total shareholder equity of A$142.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$205.2M and A$62.5M respectively. IPD Group's EBIT is A$26.0M making its interest coverage ratio 172. It has cash and short-term investments of A$70.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 172x |
| Cash | AU$70.49m |
| Equity | AU$142.68m |
| Total liabilities | AU$62.50m |
| Total assets | AU$205.18m |
Recent financial health updates
No updates
Recent updates
IPD Group (ASX:IPG) Is Increasing Its Dividend To A$0.047
Sep 18
IPD Group's (ASX:IPG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Earnings Update: IPD Group Limited (ASX:IPG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Aug 26We Like IPD Group's (ASX:IPG) Returns And Here's How They're Trending
Apr 02Calculating The Fair Value Of IPD Group Limited (ASX:IPG)
Nov 18Financial Position Analysis
Short Term Liabilities: IPG's short term assets (A$165.6M) exceed its short term liabilities (A$51.1M).
Long Term Liabilities: IPG's short term assets (A$165.6M) exceed its long term liabilities (A$11.4M).
Debt to Equity History and Analysis
Debt Level: IPG is debt free.
Reducing Debt: IPG has not had any debt for past 5 years.
Debt Coverage: IPG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IPG has no debt, therefore coverage of interest payments is not a concern.