IG Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
IG Group Holdings has a total shareholder equity of £1.9B and total debt of £298.1M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are £2.9B and £1.1B respectively.
Key information
15.8%
Debt to equity ratio
UK£298.10m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£983.20m |
| Equity | UK£1.89b |
| Total liabilities | UK£1.05b |
| Total assets | UK£2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGGH.Y's short term assets (£1.6B) exceed its short term liabilities (£685.6M).
Long Term Liabilities: IGGH.Y's short term assets (£1.6B) exceed its long term liabilities (£365.8M).
Debt to Equity History and Analysis
Debt Level: IGGH.Y has more cash than its total debt.
Reducing Debt: IGGH.Y's debt to equity ratio has increased from 11.8% to 15.8% over the past 5 years.
Debt Coverage: IGGH.Y's debt is well covered by operating cash flow (133.2%).
Interest Coverage: Insufficient data to determine if IGGH.Y's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:42 |
| End of Day Share Price | 2024/12/04 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IG Group Holdings plc is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Lenardos | Arden Partners Plc. |
| Richard Taylor | Barclays |
| null null | Canaccord Genuity |