IPH Balance Sheet Health
Financial Health criteria checks 3/6
IPH has a total shareholder equity of A$634.3M and total debt of A$434.1M, which brings its debt-to-equity ratio to 68.4%. Its total assets and total liabilities are A$1.3B and A$679.1M respectively. IPH's EBIT is A$127.3M making its interest coverage ratio 4.4. It has cash and short-term investments of A$76.1M.
Key information
68.4%
Debt to equity ratio
AU$434.10m
Debt
| Interest coverage ratio | 4.4x |
| Cash | AU$76.10m |
| Equity | AU$634.30m |
| Total liabilities | AU$679.10m |
| Total assets | AU$1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPH's short term assets (A$275.1M) exceed its short term liabilities (A$99.2M).
Long Term Liabilities: IPH's short term assets (A$275.1M) do not cover its long term liabilities (A$579.9M).
Debt to Equity History and Analysis
Debt Level: IPH's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: IPH's debt to equity ratio has increased from 23.1% to 68.4% over the past 5 years.
Debt Coverage: IPH's debt is well covered by operating cash flow (30.4%).
Interest Coverage: IPH's interest payments on its debt are well covered by EBIT (4.4x coverage).