ASGN Balance Sheet Health
Financial Health criteria checks 4/6
ASGN has a total shareholder equity of $1.8B and total debt of $1.0B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are $3.4B and $1.7B respectively. ASGN's EBIT is $313.6M making its interest coverage ratio 4.7. It has cash and short-term investments of $166.6M.
Key information
58.6%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$166.60m |
| Equity | US$1.77b |
| Total liabilities | US$1.66b |
| Total assets | US$3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OA2's short term assets ($907.3M) exceed its short term liabilities ($403.6M).
Long Term Liabilities: OA2's short term assets ($907.3M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: OA2's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: OA2's debt to equity ratio has reduced from 74% to 58.6% over the past 5 years.
Debt Coverage: OA2's debt is well covered by operating cash flow (40%).
Interest Coverage: OA2's interest payments on its debt are well covered by EBIT (4.7x coverage).