IPG Photonics Balance Sheet Health
Financial Health criteria checks 6/6
IPG Photonics has a total shareholder equity of $2.3B and total debt of $15.7M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are $2.7B and $332.6M respectively. IPG Photonics's EBIT is $217.0M making its interest coverage ratio -10.7. It has cash and short-term investments of $1.1B.
Key information
0.7%
Debt to equity ratio
US$15.73m
Debt
Interest coverage ratio | -10.7x |
Cash | US$1.07b |
Equity | US$2.34b |
Total liabilities | US$332.63m |
Total assets | US$2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPGP *'s short term assets ($1.9B) exceed its short term liabilities ($249.5M).
Long Term Liabilities: IPGP *'s short term assets ($1.9B) exceed its long term liabilities ($83.1M).
Debt to Equity History and Analysis
Debt Level: IPGP * has more cash than its total debt.
Reducing Debt: IPGP *'s debt to equity ratio has reduced from 2.2% to 0.7% over the past 5 years.
Debt Coverage: IPGP *'s debt is well covered by operating cash flow (1484.1%).
Interest Coverage: IPGP * earns more interest than it pays, so coverage of interest payments is not a concern.