Intertek Group Balance Sheet Health
Financial Health criteria checks 3/6
Intertek Group has a total shareholder equity of £1.3B and total debt of £1.1B, which brings its debt-to-equity ratio to 80.4%. Its total assets and total liabilities are £3.7B and £2.3B respectively. Intertek Group's EBIT is £485.4M making its interest coverage ratio 12.9. It has cash and short-term investments of £321.6M.
Key information
80.4%
Debt to equity ratio
UK£1.06b
Debt
| Interest coverage ratio | 12.9x |
| Cash | UK£321.60m |
| Equity | UK£1.32b |
| Total liabilities | UK£2.34b |
| Total assets | UK£3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITRK N's short term assets (£1.1B) do not cover its short term liabilities (£1.1B).
Long Term Liabilities: ITRK N's short term assets (£1.1B) do not cover its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: ITRK N's net debt to equity ratio (56%) is considered high.
Reducing Debt: ITRK N's debt to equity ratio has reduced from 91.5% to 80.4% over the past 5 years.
Debt Coverage: ITRK N's debt is well covered by operating cash flow (52.8%).
Interest Coverage: ITRK N's interest payments on its debt are well covered by EBIT (12.9x coverage).