International Game Technology Balance Sheet Health
Financial Health criteria checks 2/6
International Game Technology has a total shareholder equity of $1.9B and total debt of $5.5B, which brings its debt-to-equity ratio to 298.1%. Its total assets and total liabilities are $10.1B and $8.3B respectively. International Game Technology's EBIT is $1.1B making its interest coverage ratio 3.6. It has cash and short-term investments of $377.0M.
Key information
298.1%
Debt to equity ratio
US$5.54b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$377.00m |
| Equity | US$1.86b |
| Total liabilities | US$8.27b |
| Total assets | US$10.13b |
Recent financial health updates
These 4 Measures Indicate That International Game Technology (NYSE:IGT) Is Using Debt Extensively
Apr 25
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 21Recent updates
A Look At The Intrinsic Value Of International Game Technology PLC (NYSE:IGT)
Jun 09Palm Harbour Capital - International Games Technology: Risk Reward Remains Massively Skewed Towards The Upside
Jun 09International Game Technology (NYSE:IGT) Will Pay A Dividend Of $0.20
May 22These 4 Measures Indicate That International Game Technology (NYSE:IGT) Is Using Debt Extensively
Apr 25International 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 25Financial Position Analysis
Short Term Liabilities: IGT's short term assets ($1.9B) do not cover its short term liabilities ($2.4B).
Long Term Liabilities: IGT's short term assets ($1.9B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: IGT's net debt to equity ratio (277.8%) is considered high.
Reducing Debt: IGT's debt to equity ratio has reduced from 304.9% to 298.1% over the past 5 years.
Debt Coverage: IGT's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: IGT's interest payments on its debt are well covered by EBIT (3.6x coverage).