IG Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
IG Group Holdings has a total shareholder equity of £1.9B and total debt of £297.9M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are £2.8B and £915.5M respectively.
Key information
16.0%
Debt to equity ratio
UK£297.90m
Debt
Interest coverage ratio | n/a |
Cash | UK£586.70m |
Equity | UK£1.86b |
Total liabilities | UK£915.50m |
Total assets | UK£2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGGL's short term assets (£1.2B) exceed its short term liabilities (£548.6M).
Long Term Liabilities: IGGL's short term assets (£1.2B) exceed its long term liabilities (£366.9M).
Debt to Equity History and Analysis
Debt Level: IGGL has more cash than its total debt.
Reducing Debt: IGGL's debt to equity ratio has increased from 12.2% to 16% over the past 5 years.
Debt Coverage: IGGL's debt is well covered by operating cash flow (46%).
Interest Coverage: Insufficient data to determine if IGGL's interest payments on its debt are well covered by EBIT.