ICL Group Balance Sheet Health
Financial Health criteria checks 6/6
ICL Group has a total shareholder equity of $6.0B and total debt of $2.4B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are $11.2B and $5.2B respectively. ICL Group's EBIT is $776.0M making its interest coverage ratio 8.8. It has cash and short-term investments of $396.0M.
Key information
40.6%
Debt to equity ratio
US$2.43b
Debt
| Interest coverage ratio | 8.8x |
| Cash | US$396.00m |
| Equity | US$5.98b |
| Total liabilities | US$5.22b |
| Total assets | US$11.21b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By ICL Group Ltd's (NYSE:ICL) Low P/E
Oct 09
ICL Group: It's Gotten Too Cheap, Potential For Growth
Jul 08ICL: Looking Better On Valuation Despite Geopolitical And Technical Risks
Dec 10ICL Group: Cheap Valuation Given The Market Opportunities
Sep 26ICL- What Happens To The Dividend With FY EBITDA Poised To Decline By 55-60%?
Aug 14ICL Group: Remarkable Dividend That Seems Solid
Jun 02ICL Group Q4 2022 Earnings Preview
Feb 14ICL to build $400M LFP material plant in Missouri
Jan 25ICL to cater to General Mills' phosphate needs
Jan 11ICL Group: Technical Risks Beginning To Outweigh A Favorable Valuation
Dec 06ICL Group Q3 2022 Earnings Preview
Nov 08ICL expands digital suite in India with ICleaf
Oct 21ICL Group: Shares Pullback To Support Ahead Of An Important Investor Day
Sep 22ICL Group Q2 2022 Earnings Preview
Jul 26ICL Group: Ukraine War And Belarus Sanctions Make It A Strong Buy
May 25ICL Group: Rising Fertilizer Prices And Sanctions On Russia Are Catalysts
Mar 07Switching From Israel Chemicals To Mosaic
Nov 25Financial Position Analysis
Short Term Liabilities: ICL's short term assets ($3.7B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: ICL's short term assets ($3.7B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: ICL's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: ICL's debt to equity ratio has reduced from 67.3% to 40.6% over the past 5 years.
Debt Coverage: ICL's debt is well covered by operating cash flow (56.5%).
Interest Coverage: ICL's interest payments on its debt are well covered by EBIT (8.8x coverage).