ITV Balance Sheet Health
Financial Health criteria checks 6/6
ITV has a total shareholder equity of £1.8B and total debt of £778.0M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are £4.2B and £2.4B respectively. ITV's EBIT is £323.0M making its interest coverage ratio 323. It has cash and short-term investments of £340.0M.
Key information
42.6%
Debt to equity ratio
UK£778.00m
Debt
Interest coverage ratio | 323x |
Cash | UK£340.00m |
Equity | UK£1.83b |
Total liabilities | UK£2.36b |
Total assets | UK£4.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IJ7's short term assets (£2.0B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: IJ7's short term assets (£2.0B) exceed its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: IJ7's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: IJ7's debt to equity ratio has reduced from 123.3% to 42.6% over the past 5 years.
Debt Coverage: IJ7's debt is well covered by operating cash flow (49.5%).
Interest Coverage: IJ7's interest payments on its debt are well covered by EBIT (323x coverage).