Inghams Group Balance Sheet Health
Financial Health criteria checks 3/6
Inghams Group has a total shareholder equity of A$219.6M and total debt of A$587.1M, which brings its debt-to-equity ratio to 267.3%. Its total assets and total liabilities are A$2.4B and A$2.2B respectively. Inghams Group's EBIT is A$225.9M making its interest coverage ratio 2.7. It has cash and short-term investments of A$111.9M.
Key information
267.3%
Debt to equity ratio
AU$587.10m
Debt
| Interest coverage ratio | 2.7x |
| Cash | AU$111.90m |
| Equity | AU$219.60m |
| Total liabilities | AU$2.18b |
| Total assets | AU$2.40b |
Recent financial health updates
Here's Why Inghams Group (ASX:ING) Has A Meaningful Debt Burden
Jun 14
We Think Inghams Group (ASX:ING) Can Stay On Top Of Its Debt
Oct 06Is Inghams Group (ASX:ING) A Risky Investment?
Jun 14Is Inghams Group (ASX:ING) A Risky Investment?
Feb 21Recent updates
Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.08
Aug 26Getting In Cheap On Inghams Group Limited (ASX:ING) Is Unlikely
Aug 14Inghams Group Limited (ASX:ING) Shares Could Be 43% Below Their Intrinsic Value Estimate
Jul 02Here's What's Concerning About Inghams Group's (ASX:ING) Returns On Capital
May 22Inghams Group Limited's (ASX:ING) Popularity With Investors Is Under Threat From Overpricing
Feb 17We Think Some Shareholders May Hesitate To Increase Inghams Group Limited's (ASX:ING) CEO Compensation
Oct 31Inghams Group (ASX:ING) Is Paying Out A Larger Dividend Than Last Year
Sep 02Inghams Group (ASX:ING) Will Pay A Larger Dividend Than Last Year At A$0.10
Aug 19Inghams Group's (ASX:ING) Dividend Is Being Reduced To A$0.045
Feb 20Inghams Group (ASX:ING) Will Pay A Smaller Dividend Than Last Year
Sep 12Inghams Group's (ASX:ING) Dividend Will Be Reduced To A$0.005
Aug 29Inghams Group Limited's (ASX:ING) Intrinsic Value Is Potentially 30% Above Its Share Price
Aug 20Here's Why Inghams Group (ASX:ING) Has A Meaningful Debt Burden
Jun 14Returns On Capital Signal Tricky Times Ahead For Inghams Group (ASX:ING)
May 04Inghams Group's (ASX:ING) Dividend Will Be Reduced To AU$0.065
Mar 07Inghams Group's (ASX:ING) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 21Investors Could Be Concerned With Inghams Group's (ASX:ING) Returns On Capital
Feb 02We Think Inghams Group (ASX:ING) Can Stay On Top Of Its Debt
Oct 06Inghams Group (ASX:ING) Is Paying Out A Larger Dividend Than Last Year
Aug 27Earnings Update: Inghams Group Limited (ASX:ING) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Aug 22Returns On Capital At Inghams Group (ASX:ING) Paint A Concerning Picture
Aug 10Is Inghams Group (ASX:ING) A Risky Investment?
Jun 14Inghams Group (ASX:ING) Might Be Having Difficulty Using Its Capital Effectively
May 03Inghams Group Limited (ASX:ING) Shares Could Be 25% Below Their Intrinsic Value Estimate
Apr 02Do Institutions Own Inghams Group Limited (ASX:ING) Shares?
Mar 20Do Investors Have Good Reason To Be Wary Of Inghams Group Limited's (ASX:ING) 4.1% Dividend Yield?
Mar 07Is Inghams Group (ASX:ING) A Risky Investment?
Feb 21Have Insiders Been Buying Inghams Group Limited (ASX:ING) Shares?
Feb 07Financial Position Analysis
Short Term Liabilities: ING's short term assets (A$747.5M) exceed its short term liabilities (A$693.3M).
Long Term Liabilities: ING's short term assets (A$747.5M) do not cover its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: ING's net debt to equity ratio (216.4%) is considered high.
Reducing Debt: ING's debt to equity ratio has reduced from 303.6% to 267.3% over the past 5 years.
Debt Coverage: ING's debt is well covered by operating cash flow (71.3%).
Interest Coverage: ING's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:26 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/29 |
| Annual Earnings | 2024/06/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Inghams Group Limited is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Snape | Bell Potter |
| Mitchell Hawker | BofA Global Research |
| Citi Research | Citigroup Inc |