TP ICAP Group Balance Sheet Health
Financial Health criteria checks 3/6
TP ICAP Group has a total shareholder equity of £2.1B and total debt of £2.6B, which brings its debt-to-equity ratio to 126.4%. Its total assets and total liabilities are £6.2B and £4.1B respectively.
Key information
126.4%
Debt to equity ratio
UK£2.61b
Debt
Interest coverage ratio | n/a |
Cash | UK£2.81b |
Equity | UK£2.07b |
Total liabilities | UK£4.14b |
Total assets | UK£6.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8D7's short term assets (£4.0B) exceed its short term liabilities (£3.1B).
Long Term Liabilities: 8D7's short term assets (£4.0B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: 8D7 has more cash than its total debt.
Reducing Debt: 8D7's debt to equity ratio has increased from 84.6% to 126.4% over the past 5 years.
Debt Coverage: 8D7's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: Insufficient data to determine if 8D7's interest payments on its debt are well covered by EBIT.