IG Design Group Balance Sheet Health
Financial Health criteria checks 6/6
IG Design Group has a total shareholder equity of $369.5M and total debt of $62.1M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are $661.3M and $291.9M respectively. IG Design Group's EBIT is $29.3M making its interest coverage ratio 3.2. It has cash and short-term investments of $157.4M.
Key information
16.8%
Debt to equity ratio
US$62.14m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$157.37m |
| Equity | US$369.49m |
| Total liabilities | US$291.86m |
| Total assets | US$661.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYG's short term assets ($416.7M) exceed its short term liabilities ($221.8M).
Long Term Liabilities: LYG's short term assets ($416.7M) exceed its long term liabilities ($70.0M).
Debt to Equity History and Analysis
Debt Level: LYG has more cash than its total debt.
Reducing Debt: LYG's debt to equity ratio has reduced from 38.9% to 16.8% over the past 5 years.
Debt Coverage: LYG's debt is well covered by operating cash flow (125.1%).
Interest Coverage: LYG's interest payments on its debt are well covered by EBIT (3.2x coverage).