IPH Balance Sheet Health
Financial Health criteria checks 3/6
IPH has a total shareholder equity of A$623.9M and total debt of A$506.8M, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are A$1.4B and A$756.5M respectively. IPH's EBIT is A$107.5M making its interest coverage ratio 4.6. It has cash and short-term investments of A$126.4M.
Key information
81.2%
Debt to equity ratio
AU$506.78m
Debt
Interest coverage ratio | 4.6x |
Cash | AU$126.44m |
Equity | AU$623.94m |
Total liabilities | AU$756.52m |
Total assets | AU$1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPH's short term assets (A$307.1M) exceed its short term liabilities (A$83.4M).
Long Term Liabilities: IPH's short term assets (A$307.1M) do not cover its long term liabilities (A$673.1M).
Debt to Equity History and Analysis
Debt Level: IPH's net debt to equity ratio (61%) is considered high.
Reducing Debt: IPH's debt to equity ratio has increased from 11.9% to 81.2% over the past 5 years.
Debt Coverage: IPH's debt is well covered by operating cash flow (23%).
Interest Coverage: IPH's interest payments on its debt are well covered by EBIT (4.6x coverage).