ICL Group Balance Sheet Health
Financial Health criteria checks 6/6
ICL Group has a total shareholder equity of $6.0B and total debt of $2.4B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are $11.6B and $5.6B respectively. ICL Group's EBIT is $1.1B making its interest coverage ratio 10. It has cash and short-term investments of $592.0M.
Key information
40.2%
Debt to equity ratio
US$2.43b
Debt
Interest coverage ratio | 10x |
Cash | US$592.00m |
Equity | US$6.04b |
Total liabilities | US$5.59b |
Total assets | US$11.63b |
Recent financial health updates
ICL Group (TLV:ICL) Takes On Some Risk With Its Use Of Debt
Dec 02Here's Why ICL Group (TLV:ICL) Has A Meaningful Debt Burden
Aug 18ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
May 16ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
Feb 11We Think ICL Group (TLV:ICL) Can Stay On Top Of Its Debt
Aug 26ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
Apr 15Recent updates
ICL Group (TLV:ICL) Has More To Do To Multiply In Value Going Forward
Apr 19ICL Group Ltd (TLV:ICL) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 04A Look At The Intrinsic Value Of ICL Group Ltd (TLV:ICL)
Feb 19Little Excitement Around ICL Group Ltd's (TLV:ICL) Earnings
Dec 20ICL Group (TLV:ICL) Takes On Some Risk With Its Use Of Debt
Dec 02Is There An Opportunity With ICL Group Ltd's (TLV:ICL) 37% Undervaluation?
Nov 01ICL Group (TLV:ICL) Is Aiming To Keep Up Its Impressive Returns
Sep 13Here's Why ICL Group (TLV:ICL) Has A Meaningful Debt Burden
Aug 18A Look At The Intrinsic Value Of ICL Group Ltd (TLV:ICL)
Jul 18Why We Like The Returns At ICL Group (TLV:ICL)
Jun 15ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
May 16A Look At The Intrinsic Value Of ICL Group Ltd (TLV:ICL)
Apr 13Returns On Capital Are A Standout For ICL Group (TLV:ICL)
Mar 14ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
Feb 11Returns On Capital Are A Standout For ICL Group (TLV:ICL)
Dec 12A Look At The Fair Value Of ICL Group Ltd (TLV:ICL)
Sep 27We Think ICL Group (TLV:ICL) Can Stay On Top Of Its Debt
Aug 26Investors Shouldn't Overlook ICL Group's (TLV:ICL) Impressive Returns On Capital
Aug 09ICL Group Ltd (TLV:ICL) Shares Could Be 25% Above Their Intrinsic Value Estimate
Jun 15Analysts Just Made A Captivating Upgrade To Their ICL Group Ltd (TLV:ICL) Forecasts
May 17Returns Are Gaining Momentum At ICL Group (TLV:ICL)
May 06ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
Apr 15ICL Group Ltd's (TLV:ICL) Intrinsic Value Is Potentially 22% Below Its Share Price
Feb 03Investors Will Want ICL Group's (TLV:ICL) Growth In ROCE To Persist
Jan 16Does ICL Group (TLV:ICL) Have A Healthy Balance Sheet?
Dec 02A Look At The Fair Value Of ICL Group Ltd (TLV:ICL)
Oct 26ICL Group's (TLV:ICL) Returns On Capital Are Heading Higher
Sep 12ICL Group (TLV:ICL) Seems To Use Debt Quite Sensibly
Aug 28Are Investors Undervaluing ICL Group Ltd (TLV:ICL) By 20%?
Jul 25Shareholders May Be More Conservative With ICL Group Ltd's (TLV:ICL) CEO Compensation For Now
Jul 08Is ICL Group (TLV:ICL) Using Too Much Debt?
May 23Financial Position Analysis
Short Term Liabilities: ICL's short term assets ($4.0B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: ICL's short term assets ($4.0B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: ICL's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: ICL's debt to equity ratio has reduced from 62.3% to 40.2% over the past 5 years.
Debt Coverage: ICL's debt is well covered by operating cash flow (65.8%).
Interest Coverage: ICL's interest payments on its debt are well covered by EBIT (10x coverage).