IPD Group Balance Sheet Health
Financial Health criteria checks 5/6
IPD Group has a total shareholder equity of A$150.7M and total debt of A$31.1M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are A$272.8M and A$122.0M respectively. IPD Group's EBIT is A$34.2M making its interest coverage ratio 46.8. It has cash and short-term investments of A$22.3M.
Key information
20.6%
Debt to equity ratio
AU$31.10m
Debt
| Interest coverage ratio | 46.8x |
| Cash | AU$22.28m |
| Equity | AU$150.74m |
| Total liabilities | AU$122.03m |
| Total assets | AU$272.77m |
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$173.3M) exceed its short term liabilities (A$80.4M).
Long Term Liabilities: IPG's short term assets (A$173.3M) exceed its long term liabilities (A$41.7M).
Debt to Equity History and Analysis
Debt Level: IPG's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IPG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IPG's debt is well covered by operating cash flow (75.1%).
Interest Coverage: IPG's interest payments on its debt are well covered by EBIT (46.8x coverage).