IPG Photonics Balance Sheet Health
Financial Health criteria checks 6/6
IPG Photonics has a total shareholder equity of $2.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.6B and $257.7M respectively. IPG Photonics's EBIT is $172.6M making its interest coverage ratio -3.6. It has cash and short-term investments of $1.1B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -3.6x |
Cash | US$1.14b |
Equity | US$2.34b |
Total liabilities | US$257.72m |
Total assets | US$2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPF's short term assets ($1.8B) exceed its short term liabilities ($192.1M).
Long Term Liabilities: IPF's short term assets ($1.8B) exceed its long term liabilities ($65.6M).
Debt to Equity History and Analysis
Debt Level: IPF is debt free.
Reducing Debt: IPF has no debt compared to 5 years ago when its debt to equity ratio was 2%.
Debt Coverage: IPF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IPF has no debt, therefore coverage of interest payments is not a concern.