International Business Machines Balance Sheet Health
Financial Health criteria checks 3/6
International Business Machines has a total shareholder equity of $22.6B and total debt of $56.0B, which brings its debt-to-equity ratio to 247.9%. Its total assets and total liabilities are $135.2B and $112.6B respectively. International Business Machines's EBIT is $9.9B making its interest coverage ratio 10.6. It has cash and short-term investments of $13.4B.
Key information
247.9%
Debt to equity ratio
US$56.05b
Debt
Interest coverage ratio | 10.6x |
Cash | US$13.44b |
Equity | US$22.61b |
Total liabilities | US$112.63b |
Total assets | US$135.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBM's short term assets ($32.9B) do not cover its short term liabilities ($34.1B).
Long Term Liabilities: IBM's short term assets ($32.9B) do not cover its long term liabilities ($78.5B).
Debt to Equity History and Analysis
Debt Level: IBM's net debt to equity ratio (188.4%) is considered high.
Reducing Debt: IBM's debt to equity ratio has reduced from 270.4% to 247.9% over the past 5 years.
Debt Coverage: IBM's debt is well covered by operating cash flow (24.9%).
Interest Coverage: IBM's interest payments on its debt are well covered by EBIT (10.6x coverage).