ASGN Balance Sheet Health
Financial Health criteria checks 4/6
ASGN has a total shareholder equity of $1.9B and total debt of $1.0B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are $3.5B and $2.0B respectively. ASGN's EBIT is $352.0M making its interest coverage ratio 5.1. It has cash and short-term investments of $158.4M.
Key information
55.7%
Debt to equity ratio
US$1.04b
Debt
Interest coverage ratio | 5.1x |
Cash | US$158.40m |
Equity | US$1.86b |
Total liabilities | US$2.02b |
Total assets | US$3.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OA2's short term assets ($720.1M) exceed its short term liabilities ($394.1M).
Long Term Liabilities: OA2's short term assets ($720.1M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: OA2's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: OA2's debt to equity ratio has reduced from 90.3% to 55.7% over the past 5 years.
Debt Coverage: OA2's debt is well covered by operating cash flow (44.1%).
Interest Coverage: OA2's interest payments on its debt are well covered by EBIT (5.1x coverage).