Ingredion Balance Sheet Health
Financial Health criteria checks 6/6
Ingredion has a total shareholder equity of $4.0B and total debt of $1.8B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are $7.5B and $3.5B respectively. Ingredion's EBIT is $956.0M making its interest coverage ratio 17.1. It has cash and short-term investments of $884.0M.
Key information
46.3%
Debt to equity ratio
US$1.84b
Debt
| Interest coverage ratio | 17.1x |
| Cash | US$884.00m |
| Equity | US$3.98b |
| Total liabilities | US$3.55b |
| Total assets | US$7.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I2NG34's short term assets ($3.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: I2NG34's short term assets ($3.4B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: I2NG34's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: I2NG34's debt to equity ratio has reduced from 79.7% to 46.3% over the past 5 years.
Debt Coverage: I2NG34's debt is well covered by operating cash flow (76.6%).
Interest Coverage: I2NG34's interest payments on its debt are well covered by EBIT (17.1x coverage).