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
These 4 Measures Indicate That Ingredion (NYSE:INGR) Is Using Debt Reasonably Well
Aug 12
Ingredion (NYSE:INGR) Seems To Use Debt Quite Sensibly
Apr 25We Think Ingredion (NYSE:INGR) Can Stay On Top Of Its Debt
Nov 06Ingredion (NYSE:INGR) Has A Pretty Healthy Balance Sheet
Jul 13We Think Ingredion (NYSE:INGR) Is Taking Some Risk With Its Debt
Apr 10We Think Ingredion (NYSE:INGR) Is Taking Some Risk With Its Debt
Dec 31Recent updates
Earnings 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 16We Think Ingredion (NYSE:INGR) Can Stay On Top Of Its Debt
Nov 06Ingredion: Uninteresting Financials Make An Uncompelling Investment Case
Nov 03Ingredion (NYSE:INGR) Will Pay A Larger Dividend Than Last Year At $0.78
Sep 25Ingredion: Pricing Power May Not Last
Sep 11Ingredion's (NYSE:INGR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 11Ingredion (NYSE:INGR) Will Pay A Larger Dividend Than Last Year At $0.78
Aug 28Ingredion (NYSE:INGR) Is Increasing Its Dividend To $0.78
Aug 11Ingredion's (NYSE:INGR) Returns Have Hit A Wall
Jul 28Ingredion (NYSE:INGR) Has A Pretty Healthy Balance Sheet
Jul 13Ingredion: Coming To Life After A Few Tough Years
Jul 10If EPS Growth Is Important To You, Ingredion (NYSE:INGR) Presents An Opportunity
Jun 13Ingredion Incorporated's (NYSE:INGR) Intrinsic Value Is Potentially 46% Above Its Share Price
May 29Ingredion (NYSE:INGR) Will Be Hoping To Turn Its Returns On Capital Around
Apr 29We Think Ingredion (NYSE:INGR) Is Taking Some Risk With Its Debt
Apr 10Do Ingredion's (NYSE:INGR) Earnings Warrant Your Attention?
Feb 22Ingredion Q4 2022 Earnings Preview
Feb 07Here's What's Concerning About Ingredion's (NYSE:INGR) Returns On Capital
Jan 18Ingredion: Sell Covered Calls
Jan 09We Think Ingredion (NYSE:INGR) Is Taking Some Risk With Its Debt
Dec 31Financial 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).