Inchcape Balance Sheet Health
Financial Health criteria checks 3/6
Inchcape has a total shareholder equity of £1.6B and total debt of £3.2B, which brings its debt-to-equity ratio to 195.5%. Its total assets and total liabilities are £7.1B and £5.5B respectively. Inchcape's EBIT is £673.0M making its interest coverage ratio 4.3. It has cash and short-term investments of £689.0M.
Key information
195.5%
Debt to equity ratio
UK£3.17b
Debt
| Interest coverage ratio | 4.3x |
| Cash | UK£689.00m |
| Equity | UK£1.62b |
| Total liabilities | UK£5.52b |
| Total assets | UK£7.14b |
Recent financial health updates
Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Dec 09
Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Sep 06Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Jun 08Does Inchcape (LON:INCH) Have A Healthy Balance Sheet?
Sep 30Here's Why Inchcape (LON:INCH) Can Manage Its Debt Responsibly
May 27Recent updates
It's A Story Of Risk Vs Reward With Inchcape plc (LON:INCH)
Mar 31Inchcape's (LON:INCH) Earnings Seem To Be Promising
Mar 16Is There An Opportunity With Inchcape plc's (LON:INCH) 49% Undervaluation?
Feb 23Inchcape plc (LON:INCH) Could Be Riskier Than It Looks
Dec 22Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Dec 09Inchcape (LON:INCH) Has More To Do To Multiply In Value Going Forward
Nov 24Should You Investigate Inchcape plc (LON:INCH) At UK£7.66?
Sep 24Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Sep 06Here's What To Make Of Inchcape's (LON:INCH) Decelerating Rates Of Return
Aug 16Is Inchcape plc (LON:INCH) Potentially Undervalued?
Jun 23Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Jun 08A Look At The Intrinsic Value Of Inchcape plc (LON:INCH)
Apr 30Inchcape (LON:INCH) Is Increasing Its Dividend To £0.213
Mar 28What Is Inchcape plc's (LON:INCH) Share Price Doing?
Mar 25Returns On Capital At Inchcape (LON:INCH) Have Stalled
Feb 03Are Investors Undervaluing Inchcape plc (LON:INCH) By 31%?
Jan 19Here's Why We Think Inchcape (LON:INCH) Is Well Worth Watching
Dec 21Is Inchcape plc (LON:INCH) Potentially Undervalued?
Dec 07Here's What To Make Of Inchcape's (LON:INCH) Decelerating Rates Of Return
Oct 18Does Inchcape (LON:INCH) Have A Healthy Balance Sheet?
Sep 30Estimating The Fair Value Of Inchcape plc (LON:INCH)
Sep 13Do Inchcape's (LON:INCH) Earnings Warrant Your Attention?
Aug 29Inchcape's (LON:INCH) Upcoming Dividend Will Be Larger Than Last Year's
Aug 02When Should You Buy Inchcape plc (LON:INCH)?
Jul 06Inchcape (LON:INCH) Is Finding It Tricky To Allocate Its Capital
Jun 15Here's Why Inchcape (LON:INCH) Can Manage Its Debt Responsibly
May 27Estimating The Intrinsic Value Of Inchcape plc (LON:INCH)
Apr 21What Is Inchcape plc's (LON:INCH) Share Price Doing?
Feb 27Capital Allocation Trends At Inchcape (LON:INCH) Aren't Ideal
Feb 09A Look At The Fair Value Of Inchcape plc (LON:INCH)
Jan 14Does Inchcape (LON:INCH) Have A Healthy Balance Sheet?
Dec 12Should You Think About Buying Inchcape plc (LON:INCH) Now?
Nov 13Inchcape's (LON:INCH) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 29Calculating The Intrinsic Value Of Inchcape plc (LON:INCH)
Oct 01Inchcape (LON:INCH) Seems To Use Debt Quite Sensibly
Sep 01Investors Could Be Concerned With Inchcape's (LON:INCH) Returns On Capital
Jul 29Should You Investigate Inchcape plc (LON:INCH) At UK£7.97?
Jul 08Financial Position Analysis
Short Term Liabilities: INCH's short term assets (£4.4B) exceed its short term liabilities (£4.1B).
Long Term Liabilities: INCH's short term assets (£4.4B) exceed its long term liabilities (£1.4B).
Debt to Equity History and Analysis
Debt Level: INCH's net debt to equity ratio (153%) is considered high.
Reducing Debt: INCH's debt to equity ratio has increased from 165.1% to 195.5% over the past 5 years.
Debt Coverage: INCH's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: INCH's interest payments on its debt are well covered by EBIT (4.3x coverage).