Interpublic Group of Companies Balance Sheet Health
Financial Health criteria checks 6/6
Interpublic Group of Companies has a total shareholder equity of $3.5B and total debt of $3.0B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are $16.9B and $13.4B respectively. Interpublic Group of Companies's EBIT is $1.4B making its interest coverage ratio 12. It has cash and short-term investments of $1.8B.
Key information
85.4%
Debt to equity ratio
US$2.96b
Debt
Interest coverage ratio | 12x |
Cash | US$1.77b |
Equity | US$3.47b |
Total liabilities | US$13.41b |
Total assets | US$16.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPG's short term assets ($8.5B) exceed its short term liabilities ($8.2B).
Long Term Liabilities: IPG's short term assets ($8.5B) exceed its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: IPG's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: IPG's debt to equity ratio has reduced from 91.7% to 85.4% over the past 5 years.
Debt Coverage: IPG's debt is well covered by operating cash flow (27.3%).
Interest Coverage: IPG's interest payments on its debt are well covered by EBIT (12x coverage).