Intertek Group Financial Health
How is Intertek Group's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ITRK's short term assets (£1.0B) exceed its short term liabilities (£858.6M).
Long Term Liabilities: ITRK's short term assets (£1.0B) do not cover its long term liabilities (£1.4B).
Debt to Equity History and Analysis
Debt Level: ITRK's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: ITRK's debt to equity ratio has reduced from 129.4% to 91.6% over the past 5 years.
Debt Coverage: ITRK's debt is well covered by operating cash flow (47.5%).
Interest Coverage: ITRK's interest payments on its debt are well covered by EBIT (19x coverage).