IWG Balance Sheet Health
Financial Health criteria checks 2/6
IWG has a total shareholder equity of £85.0M and total debt of £718.0M, which brings its debt-to-equity ratio to 844.7%. Its total assets and total liabilities are £8.2B and £8.1B respectively. IWG's EBIT is £312.0M making its interest coverage ratio 0.9. It has cash and short-term investments of £110.0M.
Key information
844.7%
Debt to equity ratio
UK£718.00m
Debt
Interest coverage ratio | 0.9x |
Cash | UK£110.00m |
Equity | UK£85.00m |
Total liabilities | UK£8.12b |
Total assets | UK£8.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IWG's short term assets (£1.1B) do not cover its short term liabilities (£2.7B).
Long Term Liabilities: IWG's short term assets (£1.1B) do not cover its long term liabilities (£5.4B).
Debt to Equity History and Analysis
Debt Level: IWG's net debt to equity ratio (715.3%) is considered high.
Reducing Debt: IWG's debt to equity ratio has increased from 70.5% to 844.7% 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 32.5% per year.