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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 07:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| 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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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
ASGN Incorporated is covered by 20 analysts. 6 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 |
|---|---|
| Randle Reece | Avondale Partners |
| Mark Marcon | Baird |
| Ishan Majumdar | Baptista Research |