Intercontinental Exchange Balance Sheet Health
Financial Health criteria checks 3/6
Intercontinental Exchange has a total shareholder equity of $25.8B and total debt of $22.6B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are $136.1B and $110.3B respectively. Intercontinental Exchange's EBIT is $4.0B making its interest coverage ratio 8.1. It has cash and short-term investments of $899.0M.
Key information
87.7%
Debt to equity ratio
US$22.61b
Debt
Interest coverage ratio | 8.1x |
Cash | US$899.00m |
Equity | US$25.79b |
Total liabilities | US$110.30b |
Total assets | US$136.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IC2's short term assets ($85.0B) exceed its short term liabilities ($84.6B).
Long Term Liabilities: IC2's short term assets ($85.0B) exceed its long term liabilities ($25.7B).
Debt to Equity History and Analysis
Debt Level: IC2's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: IC2's debt to equity ratio has increased from 43% to 87.7% over the past 5 years.
Debt Coverage: IC2's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: IC2's interest payments on its debt are well covered by EBIT (8.1x coverage).