International Game Technology Balance Sheet Health
Financial Health criteria checks 2/6
International Game Technology has a total shareholder equity of $1.8B and total debt of $5.7B, which brings its debt-to-equity ratio to 317.6%. Its total assets and total liabilities are $10.4B and $8.6B respectively. International Game Technology's EBIT is $1.1B making its interest coverage ratio 3.5. It has cash and short-term investments of $572.0M.
Key information
317.6%
Debt to equity ratio
US$5.68b
Debt
Interest coverage ratio | 3.5x |
Cash | US$572.00m |
Equity | US$1.79b |
Total liabilities | US$8.63b |
Total assets | US$10.42b |
Recent financial health updates
International Game Technology (NYSE:IGT) Has A Somewhat Strained Balance Sheet
Jan 21Does International Game Technology (NYSE:IGT) Have A Healthy Balance Sheet?
Sep 07International Game Technology (NYSE:IGT) Takes On Some Risk With Its Use Of Debt
May 03Here's Why International Game Technology (NYSE:IGT) Has A Meaningful Debt Burden
Jan 21International Game Technology (NYSE:IGT) Takes On Some Risk With Its Use Of Debt
Oct 07Recent updates
International Game Technology: A Compelling Prospect Despite The Market's Disdain
Mar 23International Game Technology (NYSE:IGT) Is Paying Out A Dividend Of $0.20
Mar 16At US$21.74, Is It Time To Put International Game Technology PLC (NYSE:IGT) On Your Watch List?
Mar 14International Game Technology PLC's (NYSE:IGT) P/E Still Appears To Be Reasonable
Feb 27Is International Game Technology PLC (NYSE:IGT) Worth US$25.9 Based On Its Intrinsic Value?
Feb 09International Game Technology (NYSE:IGT) Has A Somewhat Strained Balance Sheet
Jan 21Returns At International Game Technology (NYSE:IGT) Are On The Way Up
Jan 02International Game Technology May Be A Good Bet
Nov 19International Game Technology (NYSE:IGT) Has Affirmed Its Dividend Of $0.20
Nov 03If EPS Growth Is Important To You, International Game Technology (NYSE:IGT) Presents An Opportunity
Oct 19There's Been No Shortage Of Growth Recently For International Game Technology's (NYSE:IGT) Returns On Capital
Sep 22Does International Game Technology (NYSE:IGT) Have A Healthy Balance Sheet?
Sep 07International Game Technology Has Upside, Significant Potential Market Opportunity
Aug 29Calculating The Intrinsic Value Of International Game Technology PLC (NYSE:IGT)
Aug 23International Game Technology (NYSE:IGT) Is Due To Pay A Dividend Of $0.20
Aug 04Here's Why We Think International Game Technology (NYSE:IGT) Might Deserve Your Attention Today
Jul 12Why International Game Technology PLC (NYSE:IGT) Could Be Worth Watching
Jun 16International Game Technology: Markets Are Making A Well-Informed Gamble
Jun 09Investors Will Want International Game Technology's (NYSE:IGT) Growth In ROCE To Persist
Jun 02International Game Technology (NYSE:IGT) Is Due To Pay A Dividend Of $0.20
May 12International Game Technology (NYSE:IGT) Takes On Some Risk With Its Use Of Debt
May 03Here's Why International Game Technology (NYSE:IGT) Has Caught The Eye Of Investors
Apr 13What International Game Technology PLC's (NYSE:IGT) P/E Is Not Telling You
Mar 30International Game Technology's (NYSE:IGT) Dividend Will Be $0.20
Mar 03Here's Why International Game Technology (NYSE:IGT) Has A Meaningful Debt Burden
Jan 21Why International Game Technology PLC (NYSE:IGT) Could Be Worth Watching
Dec 29IGT extends its contract with Loterie Romande to power Swiss iLottery System
Dec 15Investors Will Want International Game Technology's (NYSE:IGT) Growth In ROCE To Persist
Nov 12International Game Technology reports Q3 earnings beat; initiates Q4 and updates FY22 guidance
Nov 08Estimating The Intrinsic Value Of International Game Technology PLC (NYSE:IGT)
Oct 25IGT gains on enhancing player security in Oregon with video lottery digital prize redemption
Oct 10International Game Technology (NYSE:IGT) Takes On Some Risk With Its Use Of Debt
Oct 07International Game Technology May Be A Good Stock During A Recession
Sep 30International Game Technology: Not Deleveraging Fast Enough
Sep 20IGT PlayDigital expands partnership with SKS365 Group
Sep 06International Game Technology, DoubleDown Interactive reach settlement over lawsuit
Aug 29What Does International Game Technology PLC's (NYSE:IGT) Share Price Indicate?
Aug 29IGT secures new contract for supply of lottery retail terminals in Portugal
Aug 16Financial Position Analysis
Short Term Liabilities: IGT's short term assets ($2.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: IGT's short term assets ($2.0B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: IGT's net debt to equity ratio (285.6%) is considered high.
Reducing Debt: IGT's debt to equity ratio has increased from 291.1% to 317.6% over the past 5 years.
Debt Coverage: IGT's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: IGT's interest payments on its debt are well covered by EBIT (3.5x coverage).