Ingredion Balance Sheet Health
Financial Health criteria checks 5/6
Ingredion has a total shareholder equity of $3.6B and total debt of $2.2B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are $7.6B and $4.0B respectively. Ingredion's EBIT is $961.0M making its interest coverage ratio 8.4. It has cash and short-term investments of $409.0M.
Key information
60.9%
Debt to equity ratio
US$2.19b
Debt
Interest coverage ratio | 8.4x |
Cash | US$409.00m |
Equity | US$3.60b |
Total liabilities | US$4.05b |
Total assets | US$7.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNP's short term assets ($3.4B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: CNP's short term assets ($3.4B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: CNP's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: CNP's debt to equity ratio has reduced from 87.2% to 60.9% over the past 5 years.
Debt Coverage: CNP's debt is well covered by operating cash flow (48.3%).
Interest Coverage: CNP's interest payments on its debt are well covered by EBIT (8.4x coverage).