Ingersoll Rand Balance Sheet Health
Financial Health criteria checks 6/6
Ingersoll Rand has a total shareholder equity of $9.9B and total debt of $2.7B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are $15.5B and $5.6B respectively. Ingersoll Rand's EBIT is $1.3B making its interest coverage ratio 8.4. It has cash and short-term investments of $1.5B.
Key information
27.7%
Debt to equity ratio
US$2.74b
Debt
Interest coverage ratio | 8.4x |
Cash | US$1.48b |
Equity | US$9.92b |
Total liabilities | US$5.61b |
Total assets | US$15.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5GD's short term assets ($4.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: 5GD's short term assets ($4.0B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: 5GD's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 5GD's debt to equity ratio has reduced from 92.9% to 27.7% over the past 5 years.
Debt Coverage: 5GD's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 5GD's interest payments on its debt are well covered by EBIT (8.4x coverage).