Incitec Pivot Balance Sheet Health
Financial Health criteria checks 5/6
Incitec Pivot has a total shareholder equity of A$4.8B and total debt of A$1.7B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are A$8.4B and A$3.6B respectively. Incitec Pivot's EBIT is A$410.6M making its interest coverage ratio 4.3. It has cash and short-term investments of A$1.1B.
Key information
34.8%
Debt to equity ratio
AU$1.68b
Debt
| Interest coverage ratio | 4.3x |
| Cash | AU$1.07b |
| Equity | AU$4.84b |
| Total liabilities | AU$3.55b |
| Total assets | AU$8.40b |
Recent financial health updates
Is Incitec Pivot (ASX:IPL) A Risky Investment?
Aug 28
Incitec Pivot (ASX:IPL) Seems To Use Debt Quite Sensibly
Jun 27Is Incitec Pivot (ASX:IPL) Using Too Much Debt?
Mar 21Is Incitec Pivot (ASX:IPL) Using Too Much Debt?
Sep 20Recent updates
Incitec Pivot (ASX:IPL) Will Pay A Larger Dividend Than Last Year At A$0.063
Nov 15Incitec Pivot Limited's (ASX:IPL) Business And Shares Still Trailing The Industry
Oct 07Is Incitec Pivot (ASX:IPL) A Risky Investment?
Aug 28Incitec Pivot Limited's (ASX:IPL) Business And Shares Still Trailing The Industry
Jun 14Incitec Pivot's (ASX:IPL) Dividend Will Be Reduced To A$0.043
May 24An Intrinsic Calculation For Incitec Pivot Limited (ASX:IPL) Suggests It's 41% Undervalued
Feb 06Incitec Pivot Limited's (ASX:IPL) Earnings Haven't Escaped The Attention Of Investors
Jan 16Incitec Pivot's (ASX:IPL) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 01Incitec Pivot's (ASX:IPL) Dividend Will Be Reduced To A$0.05
Nov 17Here's Why We Think Incitec Pivot (ASX:IPL) Is Well Worth Watching
Nov 10A Look At The Intrinsic Value Of Incitec Pivot Limited (ASX:IPL)
Sep 01Incitec Pivot (ASX:IPL) Seems To Use Debt Quite Sensibly
Jun 27Incitec Pivot (ASX:IPL) Is Looking To Continue Growing Its Returns On Capital
May 18Incitec Pivot Limited's (ASX:IPL) Intrinsic Value Is Potentially 33% Above Its Share Price
May 04Is Incitec Pivot (ASX:IPL) Using Too Much Debt?
Mar 21Here's Why Incitec Pivot (ASX:IPL) Has Caught The Eye Of Investors
Feb 22Investors Will Want Incitec Pivot's (ASX:IPL) Growth In ROCE To Persist
Feb 08A Look At The Fair Value Of Incitec Pivot Limited (ASX:IPL)
Dec 14Incitec Pivot (ASX:IPL) Is Paying Out A Larger Dividend Than Last Year
Dec 01News Flash: Analysts Just Made A Substantial Upgrade To Their Incitec Pivot Limited (ASX:IPL) Forecasts
Nov 25Is It Too Late To Consider Buying Incitec Pivot Limited (ASX:IPL)?
Nov 18Incitec Pivot (ASX:IPL) Is Increasing Its Dividend To A$0.17
Nov 17Incitec Pivot's (ASX:IPL) Returns On Capital Are Heading Higher
Oct 31Is Incitec Pivot (ASX:IPL) Using Too Much Debt?
Sep 20Why Incitec Pivot Limited (ASX:IPL) Could Be Worth Watching
Aug 14We Ran A Stock Scan For Earnings Growth And Incitec Pivot (ASX:IPL) Passed With Ease
Aug 03Incitec Pivot (ASX:IPL) Is Doing The Right Things To Multiply Its Share Price
Jul 23Incitec Pivot Limited (ASX:IPL) Shares Could Be 48% Below Their Intrinsic Value Estimate
Jul 12Incitec Pivot (ASX:IPL) Is Paying Out A Larger Dividend Than Last Year
May 25The Return Trends At Incitec Pivot (ASX:IPL) Look Promising
Jan 02Financial Position Analysis
Short Term Liabilities: IPL's short term assets (A$2.7B) exceed its short term liabilities (A$1.3B).
Long Term Liabilities: IPL's short term assets (A$2.7B) exceed its long term liabilities (A$2.2B).
Debt to Equity History and Analysis
Debt Level: IPL's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: IPL's debt to equity ratio has reduced from 56.7% to 34.8% over the past 5 years.
Debt Coverage: IPL's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: IPL's interest payments on its debt are well covered by EBIT (4.3x coverage).