IPG Photonics Balance Sheet Health
Financial Health criteria checks 6/6
IPG Photonics has a total shareholder equity of $2.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.4B and $240.5M respectively. IPG Photonics's EBIT is $29.9M making its interest coverage ratio -0.6. It has cash and short-term investments of $1.0B.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.6x |
| Cash | US$1.02b |
| Equity | US$2.11b |
| Total liabilities | US$240.52m |
| Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J86's short term assets ($1.6B) exceed its short term liabilities ($194.2M).
Long Term Liabilities: 0J86's short term assets ($1.6B) exceed its long term liabilities ($46.3M).
Debt to Equity History and Analysis
Debt Level: 0J86 is debt free.
Reducing Debt: 0J86 has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: 0J86 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0J86 has no debt, therefore coverage of interest payments is not a concern.