Ingredion Balance Sheet Health
Financial Health criteria checks 6/6
Ingredion has a total shareholder equity of $4.0B and total debt of $1.8B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are $7.5B and $3.5B respectively. Ingredion's EBIT is $956.0M making its interest coverage ratio 17.1. It has cash and short-term investments of $884.0M.
Key information
46.3%
Debt to equity ratio
US$1.84b
Debt
| Interest coverage ratio | 17.1x |
| Cash | US$884.00m |
| Equity | US$3.98b |
| Total liabilities | US$3.55b |
| Total assets | US$7.53b |
Recent financial health updates
Ingredion (NYSE:INGR) Seems To Use Debt Quite Sensibly
Dec 02
These 4 Measures Indicate That Ingredion (NYSE:INGR) Is Using Debt Reasonably Well
Aug 12Ingredion (NYSE:INGR) Seems To Use Debt Quite Sensibly
Apr 25Recent updates
Ingredion (NYSE:INGR) Seems To Use Debt Quite Sensibly
Dec 02Earnings Working Against Ingredion Incorporated's (NYSE:INGR) Share Price
Nov 08Ingredion Incorporated's (NYSE:INGR) Intrinsic Value Is Potentially 41% Above Its Share Price
Oct 25Ingredion: Holding Through Headwinds As Corn Prices Fall
Oct 15Returns On Capital At Ingredion (NYSE:INGR) Have Hit The Brakes
Sep 27Should You Be Adding Ingredion (NYSE:INGR) To Your Watchlist Today?
Aug 28These 4 Measures Indicate That Ingredion (NYSE:INGR) Is Using Debt Reasonably Well
Aug 12There Is A Reason Ingredion Incorporated's (NYSE:INGR) Price Is Undemanding
Jul 15Returns On Capital At Ingredion (NYSE:INGR) Have Stalled
May 21Ingredion: COGS Lagging Fallen Input Prices
May 13Is There An Opportunity With Ingredion Incorporated's (NYSE:INGR) 49% Undervaluation?
May 08Ingredion (NYSE:INGR) Seems To Use Debt Quite Sensibly
Apr 25There Is A Reason Ingredion Incorporated's (NYSE:INGR) Price Is Undemanding
Apr 14Is There Now An Opportunity In Ingredion Incorporated (NYSE:INGR)?
Mar 19Here's Why Ingredion (NYSE:INGR) Has Caught The Eye Of Investors
Mar 05Ingredion: A Green Agenda Tailwind
Mar 01Earnings Update: Ingredion Incorporated (NYSE:INGR) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Feb 09Ingredion's (NYSE:INGR) Returns Have Hit A Wall
Feb 08Ingredion: Volume Recovery And Margin Expansion
Jan 16Ingredion: Uninteresting Financials Make An Uncompelling Investment Case
Nov 03Ingredion: Pricing Power May Not Last
Sep 11Ingredion: Coming To Life After A Few Tough Years
Jul 10Ingredion Q4 2022 Earnings Preview
Feb 07Financial Position Analysis
Short Term Liabilities: INGR's short term assets ($3.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: INGR's short term assets ($3.4B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: INGR's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: INGR's debt to equity ratio has reduced from 79.7% to 46.3% over the past 5 years.
Debt Coverage: INGR's debt is well covered by operating cash flow (76.6%).
Interest Coverage: INGR's interest payments on its debt are well covered by EBIT (17.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ingredion Incorporated is covered by 24 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Benjamin Theurer | Barclays |
| Matthew Korn | Barclays |