Interpublic Group of Companies Balance Sheet Health
Financial Health criteria checks 6/6
Interpublic Group of Companies has a total shareholder equity of $3.8B and total debt of $2.9B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are $17.1B and $13.3B respectively. Interpublic Group of Companies's EBIT is $1.5B making its interest coverage ratio 19.9. It has cash and short-term investments of $1.5B.
Key information
76.9%
Debt to equity ratio
US$2.94b
Debt
| Interest coverage ratio | 19.9x |
| Cash | US$1.53b |
| Equity | US$3.83b |
| Total liabilities | US$13.25b |
| Total assets | US$17.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I1PH34's short term assets ($9.3B) exceed its short term liabilities ($8.5B).
Long Term Liabilities: I1PH34's short term assets ($9.3B) exceed its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: I1PH34's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: I1PH34's debt to equity ratio has reduced from 134.5% to 76.9% over the past 5 years.
Debt Coverage: I1PH34's debt is well covered by operating cash flow (36.8%).
Interest Coverage: I1PH34's interest payments on its debt are well covered by EBIT (19.9x coverage).