Ipsen Balance Sheet Health
Financial Health criteria checks 6/6
Ipsen has a total shareholder equity of €3.8B and total debt of €368.1M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are €6.3B and €2.5B respectively. Ipsen's EBIT is €861.0M making its interest coverage ratio 44.4. It has cash and short-term investments of €528.4M.
Key information
9.6%
Debt to equity ratio
€368.10m
Debt
Interest coverage ratio | 44.4x |
Cash | €528.40m |
Equity | €3.82b |
Total liabilities | €2.50b |
Total assets | €6.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MH6's short term assets (€1.9B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: 0MH6's short term assets (€1.9B) exceed its long term liabilities (€872.3M).
Debt to Equity History and Analysis
Debt Level: 0MH6 has more cash than its total debt.
Reducing Debt: 0MH6's debt to equity ratio has reduced from 10.9% to 9.6% over the past 5 years.
Debt Coverage: 0MH6's debt is well covered by operating cash flow (235.2%).
Interest Coverage: 0MH6's interest payments on its debt are well covered by EBIT (44.4x coverage).