ITV Balance Sheet Health
Financial Health criteria checks 6/6
ITV has a total shareholder equity of £1.9B and total debt of £838.0M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are £4.5B and £2.6B respectively. ITV's EBIT is £584.0M making its interest coverage ratio 64.9. It has cash and short-term investments of £348.0M.
Key information
44.7%
Debt to equity ratio
UK£838.00m
Debt
| Interest coverage ratio | 64.9x |
| Cash | UK£348.00m |
| Equity | UK£1.88b |
| Total liabilities | UK£2.60b |
| Total assets | UK£4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITV N's short term assets (£2.2B) exceed its short term liabilities (£1.8B).
Long Term Liabilities: ITV N's short term assets (£2.2B) exceed its long term liabilities (£846.0M).
Debt to Equity History and Analysis
Debt Level: ITV N's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: ITV N's debt to equity ratio has reduced from 144.5% to 44.7% over the past 5 years.
Debt Coverage: ITV N's debt is well covered by operating cash flow (36.3%).
Interest Coverage: ITV N's interest payments on its debt are well covered by EBIT (64.9x coverage).