ITV Balance Sheet Health
Financial Health criteria checks 6/6
ITV has a total shareholder equity of £1.8B and total debt of £778.0M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are £4.2B and £2.4B respectively. ITV's EBIT is £323.0M making its interest coverage ratio 323. It has cash and short-term investments of £340.0M.
Key information
42.6%
Debt to equity ratio
UK£778.00m
Debt
Interest coverage ratio | 323x |
Cash | UK£340.00m |
Equity | UK£1.83b |
Total liabilities | UK£2.36b |
Total assets | UK£4.19b |
Recent financial health updates
We Think ITV (LON:ITV) Is Taking Some Risk With Its Debt
Sep 25We Think ITV (LON:ITV) Is Taking Some Risk With Its Debt
Jun 21Is ITV (LON:ITV) Using Too Much Debt?
Mar 20Here's Why ITV (LON:ITV) Can Manage Its Debt Responsibly
Dec 02ITV (LON:ITV) Seems To Use Debt Quite Sensibly
Aug 26Does ITV (LON:ITV) Have A Healthy Balance Sheet?
Mar 23Recent updates
ITV (LON:ITV) Will Pay A Dividend Of £0.033
Mar 24ITV's (LON:ITV) Soft Earnings Don't Show The Whole Picture
Mar 14ITV (LON:ITV) Is Paying Out A Dividend Of £0.033
Mar 10At UK£0.56, Is ITV plc (LON:ITV) Worth Looking At Closely?
Feb 29The Returns On Capital At ITV (LON:ITV) Don't Inspire Confidence
Dec 02Is ITV plc (LON:ITV) Potentially Undervalued?
Nov 15ITV (LON:ITV) Is Due To Pay A Dividend Of £0.017
Oct 05We Think ITV (LON:ITV) Is Taking Some Risk With Its Debt
Sep 25ITV's (LON:ITV) Dividend Will Be £0.017
Sep 10ITV (LON:ITV) Will Pay A Dividend Of £0.017
Aug 27ITV (LON:ITV) Is Paying Out A Dividend Of £0.017
Aug 13ITV (LON:ITV) Is Due To Pay A Dividend Of £0.017
Jul 30We Think ITV (LON:ITV) Is Taking Some Risk With Its Debt
Jun 21Is There Now An Opportunity In ITV plc (LON:ITV)?
May 30Investors Could Be Concerned With ITV's (LON:ITV) Returns On Capital
Apr 29ITV (LON:ITV) Is Due To Pay A Dividend Of £0.033
Apr 05Is ITV (LON:ITV) Using Too Much Debt?
Mar 20ITV (LON:ITV) Has Announced A Dividend Of £0.033
Mar 05What Is ITV plc's (LON:ITV) Share Price Doing?
Feb 04Is ITV plc (LON:ITV) Trading At A 39% Discount?
Jan 17Returns On Capital Signal Tricky Times Ahead For ITV (LON:ITV)
Jan 04Here's Why ITV (LON:ITV) Can Manage Its Debt Responsibly
Dec 02At UK£0.67, Is It Time To Put ITV plc (LON:ITV) On Your Watch List?
Oct 31Here's What's Concerning About ITV's (LON:ITV) Returns On Capital
Sep 13ITV (LON:ITV) Seems To Use Debt Quite Sensibly
Aug 26Is ITV plc (LON:ITV) Potentially Undervalued?
Jul 25Returns On Capital At ITV (LON:ITV) Have Hit The Brakes
Jun 03Is Now An Opportune Moment To Examine ITV plc (LON:ITV)?
Apr 23Does ITV (LON:ITV) Have A Healthy Balance Sheet?
Mar 23ITV (LON:ITV) Has Some Difficulty Using Its Capital Effectively
Mar 05Is Now An Opportune Moment To Examine ITV plc (LON:ITV)?
Dec 11Capital Allocation Trends At ITV (LON:ITV) Aren't Ideal
Nov 24Are Investors Undervaluing ITV plc (LON:ITV) By 43%?
Oct 28Is ITV (LON:ITV) Using Too Much Debt?
Sep 27Is It Time To Consider Buying ITV plc (LON:ITV)?
Aug 28Financial Position Analysis
Short Term Liabilities: ITV's short term assets (£2.0B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: ITV's short term assets (£2.0B) exceed its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: ITV's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: ITV's debt to equity ratio has reduced from 123.3% to 42.6% over the past 5 years.
Debt Coverage: ITV's debt is well covered by operating cash flow (49.5%).
Interest Coverage: ITV's interest payments on its debt are well covered by EBIT (323x coverage).