Interpublic Group of Companies Balance Sheet Health
Financial Health criteria checks 4/6
Interpublic Group of Companies has a total shareholder equity of $4.0B and total debt of $4.7B, which brings its debt-to-equity ratio to 115.4%. Its total assets and total liabilities are $19.3B and $15.2B respectively. Interpublic Group of Companies's EBIT is $1.5B making its interest coverage ratio 17.7. It has cash and short-term investments of $2.4B.
Key information
115.4%
Debt to equity ratio
US$4.67b
Debt
Interest coverage ratio | 17.7x |
Cash | US$2.39b |
Equity | US$4.05b |
Total liabilities | US$15.22b |
Total assets | US$19.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I1PH34's short term assets ($11.0B) exceed its short term liabilities ($10.3B).
Long Term Liabilities: I1PH34's short term assets ($11.0B) exceed its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: I1PH34's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: I1PH34's debt to equity ratio has reduced from 156.4% to 115.4% over the past 5 years.
Debt Coverage: I1PH34's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: I1PH34's interest payments on its debt are well covered by EBIT (17.7x coverage).