IDP Education Balance Sheet Health
Financial Health criteria checks 5/6
IDP Education has a total shareholder equity of A$549.9M and total debt of A$284.9M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are A$1.3B and A$728.0M respectively. IDP Education's EBIT is A$245.6M making its interest coverage ratio 15.5. It has cash and short-term investments of A$141.9M.
Key information
51.8%
Debt to equity ratio
AU$284.91m
Debt
| Interest coverage ratio | 15.5x |
| Cash | AU$141.91m |
| Equity | AU$549.86m |
| Total liabilities | AU$728.03m |
| Total assets | AU$1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDPU.F's short term assets (A$525.6M) exceed its short term liabilities (A$288.5M).
Long Term Liabilities: IDPU.F's short term assets (A$525.6M) exceed its long term liabilities (A$439.5M).
Debt to Equity History and Analysis
Debt Level: IDPU.F's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: IDPU.F's debt to equity ratio has increased from 41.1% to 51.8% over the past 5 years.
Debt Coverage: IDPU.F's debt is well covered by operating cash flow (59.9%).
Interest Coverage: IDPU.F's interest payments on its debt are well covered by EBIT (15.5x coverage).