IP Group Balance Sheet Health
Financial Health criteria checks 3/6
IP Group has a total shareholder equity of £1.2B and total debt of £155.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are £1.4B and £221.3M respectively.
Key information
13.0%
Debt to equity ratio
UK£155.00m
Debt
Interest coverage ratio | n/a |
Cash | UK£226.90m |
Equity | UK£1.19b |
Total liabilities | UK£221.30m |
Total assets | UK£1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPZY.F's short term assets (£236.5M) exceed its short term liabilities (£23.4M).
Long Term Liabilities: IPZY.F's short term assets (£236.5M) exceed its long term liabilities (£197.9M).
Debt to Equity History and Analysis
Debt Level: IPZY.F has more cash than its total debt.
Reducing Debt: IPZY.F's debt to equity ratio has increased from 9.9% to 13% over the past 5 years.
Debt Coverage: IPZY.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IPZY.F's interest payments on its debt are well covered by EBIT.