International Workplace Group Balance Sheet Health
Financial Health criteria checks 2/6
International Workplace Group has a total shareholder equity of $108.0M and total debt of $926.0M, which brings its debt-to-equity ratio to 857.4%. Its total assets and total liabilities are $10.1B and $10.0B respectively. International Workplace Group's EBIT is $511.3M making its interest coverage ratio 1.1. It has cash and short-term investments of $160.0M.
Key information
857.4%
Debt to equity ratio
US$926.00m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$160.00m |
| Equity | US$108.00m |
| Total liabilities | US$9.96b |
| Total assets | US$10.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IWG's short term assets ($1.4B) do not cover its short term liabilities ($3.5B).
Long Term Liabilities: IWG's short term assets ($1.4B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: IWG's net debt to equity ratio (709.3%) is considered high.
Reducing Debt: IWG's debt to equity ratio has increased from 42.7% to 857.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IWG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IWG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.6% per year.