ManpowerGroup Balance Sheet Health
Financial Health criteria checks 5/6
ManpowerGroup has a total shareholder equity of $2.2B and total debt of $984.5M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are $8.5B and $6.3B respectively. ManpowerGroup's EBIT is $408.1M making its interest coverage ratio 8.6. It has cash and short-term investments of $604.8M.
Key information
45.0%
Debt to equity ratio
US$984.50m
Debt
Interest coverage ratio | 8.6x |
Cash | US$604.80m |
Equity | US$2.19b |
Total liabilities | US$6.30b |
Total assets | US$8.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPW's short term assets ($5.2B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: MPW's short term assets ($5.2B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: MPW's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: MPW's debt to equity ratio has increased from 39.8% to 45% over the past 5 years.
Debt Coverage: MPW's debt is well covered by operating cash flow (34.5%).
Interest Coverage: MPW's interest payments on its debt are well covered by EBIT (8.6x coverage).