Inchcape Balance Sheet Health
Financial Health criteria checks 4/6
Inchcape has a total shareholder equity of £1.5B and total debt of £2.6B, which brings its debt-to-equity ratio to 173.7%. Its total assets and total liabilities are £6.7B and £5.2B respectively. Inchcape's EBIT is £677.0M making its interest coverage ratio 4.4. It has cash and short-term investments of £647.0M.
Key information
173.7%
Debt to equity ratio
UK£2.61b
Debt
| Interest coverage ratio | 4.4x |
| Cash | UK£647.00m |
| Equity | UK£1.50b |
| Total liabilities | UK£5.18b |
| Total assets | UK£6.69b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IJCA's short term assets (£4.3B) exceed its short term liabilities (£3.9B).
Long Term Liabilities: IJCA's short term assets (£4.3B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: IJCA's net debt to equity ratio (130.7%) is considered high.
Reducing Debt: IJCA's debt to equity ratio has increased from 150.8% to 173.7% over the past 5 years.
Debt Coverage: IJCA's debt is well covered by operating cash flow (23.4%).
Interest Coverage: IJCA's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:11 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Inchcape plc is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Richmond | Arden Partners Plc. |
| James Zaremba | Barclays |
| James Bayliss | Berenberg |