Interpublic Group of Companies Balance Sheet Health
Financial Health criteria checks 6/6
Interpublic Group of Companies has a total shareholder equity of $3.9B and total debt of $3.2B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are $17.3B and $13.4B respectively. Interpublic Group of Companies's EBIT is $1.5B making its interest coverage ratio 17.7. It has cash and short-term investments of $1.9B.
Key information
81.4%
Debt to equity ratio
US$3.19b
Debt
Interest coverage ratio | 17.7x |
Cash | US$1.93b |
Equity | US$3.92b |
Total liabilities | US$13.37b |
Total assets | US$17.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JCK's short term assets ($9.0B) exceed its short term liabilities ($8.5B).
Long Term Liabilities: 0JCK's short term assets ($9.0B) exceed its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: 0JCK's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 0JCK's debt to equity ratio has reduced from 156.4% to 81.4% over the past 5 years.
Debt Coverage: 0JCK's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 0JCK's interest payments on its debt are well covered by EBIT (17.7x coverage).