ITV Balance Sheet Health
Financial Health criteria checks 6/6
ITV has a total shareholder equity of £1.9B and total debt of £758.0M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are £4.3B and £2.4B respectively. ITV's EBIT is £404.0M making its interest coverage ratio 202. It has cash and short-term investments of £354.0M.
Key information
39.5%
Debt to equity ratio
UK£758.00m
Debt
| Interest coverage ratio | 202x |
| Cash | UK£354.00m |
| Equity | UK£1.92b |
| Total liabilities | UK£2.38b |
| Total assets | UK£4.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IJ70's short term assets (£2.2B) exceed its short term liabilities (£1.4B).
Long Term Liabilities: IJ70's short term assets (£2.2B) exceed its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: IJ70's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: IJ70's debt to equity ratio has reduced from 165.4% to 39.5% over the past 5 years.
Debt Coverage: IJ70's debt is well covered by operating cash flow (38.9%).
Interest Coverage: IJ70's interest payments on its debt are well covered by EBIT (202x coverage).