Ingersoll Rand Balance Sheet Health
Financial Health criteria checks 5/6
Ingersoll Rand has a total shareholder equity of $10.3B and total debt of $4.8B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are $18.2B and $7.9B respectively. Ingersoll Rand's EBIT is $1.4B making its interest coverage ratio 7.5. It has cash and short-term investments of $1.4B.
Key information
46.6%
Debt to equity ratio
US$4.81b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$1.38b |
| Equity | US$10.33b |
| Total liabilities | US$7.87b |
| Total assets | US$18.21b |
Recent financial health updates
Is Ingersoll Rand (NYSE:IR) Using Too Much Debt?
Jul 15
Ingersoll Rand (NYSE:IR) Has A Rock Solid Balance Sheet
Feb 14Does Ingersoll Rand (NYSE:IR) Have A Healthy Balance Sheet?
Oct 29Ingersoll Rand (NYSE:IR) Seems To Use Debt Rather Sparingly
Jul 30Is Ingersoll Rand (NYSE:IR) A Risky Investment?
Apr 27Recent updates
Is Now An Opportune Moment To Examine Ingersoll Rand Inc. (NYSE:IR)?
Nov 10Ingersoll Rand (NYSE:IR) Is Reinvesting At Lower Rates Of Return
Oct 25Investors Still Waiting For A Pull Back In Ingersoll Rand Inc. (NYSE:IR)
Oct 10A Look At The Intrinsic Value Of Ingersoll Rand Inc. (NYSE:IR)
Aug 24Ingersoll Rand's (NYSE:IR) Strong Earnings Are Of Good Quality
Aug 09Is Ingersoll Rand (NYSE:IR) Using Too Much Debt?
Jul 15Ingersoll Rand: Improvement In Organic Growth And Continued M&A Momentum Should Drive Stock Higher
Jun 21Should You Investigate Ingersoll Rand Inc. (NYSE:IR) At US$91.09?
May 30Estimating The Fair Value Of Ingersoll Rand Inc. (NYSE:IR)
May 12Ingersoll Rand Inc.'s (NYSE:IR) P/E Is On The Mark
Apr 23Ingersoll Rand: Impressive Climate Play
Apr 04Here's Why We Think Ingersoll Rand (NYSE:IR) Is Well Worth Watching
Mar 13Ingersoll Rand (NYSE:IR) Has A Rock Solid Balance Sheet
Feb 14Ingersoll Rand: Years Of Value Creation Likely To Continue
Jan 30Is Now An Opportune Moment To Examine Ingersoll Rand Inc. (NYSE:IR)?
Jan 27What You Can Learn From Ingersoll Rand Inc.'s (NYSE:IR) P/E
Jan 09Estimating The Intrinsic Value Of Ingersoll Rand Inc. (NYSE:IR)
Dec 22Ingersoll Rand: Good Revenue Growth Prospects
Nov 10Does Ingersoll Rand (NYSE:IR) Have A Healthy Balance Sheet?
Oct 29Is It Time To Consider Buying Ingersoll Rand Inc. (NYSE:IR)?
Oct 10Estimating The Fair Value Of Ingersoll Rand Inc. (NYSE:IR)
Sep 22Ingersoll Rand Inc: Raised Full Year Guidance On The Back Of Solid Performance
Aug 26Ingersoll Rand Dominates Specialized Industrial Markets With Margin And Scale Growth Potential
Aug 17Ingersoll Rand (NYSE:IR) Seems To Use Debt Rather Sparingly
Jul 30Is It Too Late To Consider Buying Ingersoll Rand Inc. (NYSE:IR)?
Jul 11Estimating The Fair Value Of Ingersoll Rand Inc. (NYSE:IR)
Jun 19Ingersoll Rand: Portfolio Optimization Fostering Compounding Growth
May 29Is Ingersoll Rand (NYSE:IR) A Risky Investment?
Apr 27Should You Investigate Ingersoll Rand Inc. (NYSE:IR) At US$55.60?
Apr 12Does Ingersoll Rand (NYSE:IR) Deserve A Spot On Your Watchlist?
Mar 29Are Investors Undervaluing Ingersoll Rand Inc. (NYSE:IR) By 27%?
Mar 16Financial Position Analysis
Short Term Liabilities: IR's short term assets ($4.2B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: IR's short term assets ($4.2B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: IR's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: IR's debt to equity ratio has reduced from 88% to 46.6% over the past 5 years.
Debt Coverage: IR's debt is well covered by operating cash flow (30.2%).
Interest Coverage: IR's interest payments on its debt are well covered by EBIT (7.5x coverage).