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).