Interpublic Group of Companies Balance Sheet Health
Financial Health criteria checks 6/6
Interpublic Group of Companies has a total shareholder equity of $3.8B and total debt of $2.9B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are $17.1B and $13.3B respectively. Interpublic Group of Companies's EBIT is $1.5B making its interest coverage ratio 19.9. It has cash and short-term investments of $1.5B.
Key information
76.9%
Debt to equity ratio
US$2.94b
Debt
| Interest coverage ratio | 19.9x |
| Cash | US$1.53b |
| Equity | US$3.83b |
| Total liabilities | US$13.25b |
| Total assets | US$17.08b |
Recent financial health updates
Interpublic Group of Companies (NYSE:IPG) Seems To Use Debt Quite Sensibly
Aug 12
These 4 Measures Indicate That Interpublic Group of Companies (NYSE:IPG) Is Using Debt Reasonably Well
Apr 16Interpublic Group of Companies (NYSE:IPG) Has A Pretty Healthy Balance Sheet
Dec 05Here's Why Interpublic Group of Companies (NYSE:IPG) Can Manage Its Debt Responsibly
Aug 24Interpublic Group of Companies (NYSE:IPG) Seems To Use Debt Quite Sensibly
May 23Here's Why Interpublic Group of Companies (NYSE:IPG) Can Manage Its Debt Responsibly
Jan 30Recent updates
Cautious Investors Not Rewarding The Interpublic Group of Companies, Inc.'s (NYSE:IPG) Performance Completely
Nov 07Interpublic Group: May Not Even Have The Growth Edge Anymore
Oct 17Should You Investigate The Interpublic Group of Companies, Inc. (NYSE:IPG) At US$31.62?
Sep 30Interpublic Group of Companies (NYSE:IPG) Ticks All The Boxes When It Comes To Earnings Growth
Sep 16Interpublic Group of Companies (NYSE:IPG) Seems To Use Debt Quite Sensibly
Aug 12Interpublic Group of Companies (NYSE:IPG) Might Have The Makings Of A Multi-Bagger
Jul 28Interpublic Group: My Medium-Term Forecast Is Materializing
Jul 03When Should You Buy The Interpublic Group of Companies, Inc. (NYSE:IPG)?
Jun 26There Is A Reason The Interpublic Group of Companies, Inc.'s (NYSE:IPG) Price Is Undemanding
May 27These 4 Measures Indicate That Interpublic Group of Companies (NYSE:IPG) Is Using Debt Reasonably Well
Apr 16Interpublic Group: Organic Growth Has Returned
Apr 02Interpublic Group of Companies (NYSE:IPG) Has More To Do To Multiply In Value Going Forward
Mar 29Interpublic Group: Cost Control In Action, Stabilizing In Telco And Tech
Mar 02Why The Interpublic Group of Companies, Inc. (NYSE:IPG) Could Be Worth Watching
Feb 12Interpublic Group of Companies (NYSE:IPG) Has Announced That It Will Be Increasing Its Dividend To $0.33
Feb 12The Interpublic Group of Companies, Inc.'s (NYSE:IPG) Shares Lagging The Market But So Is The Business
Jan 15The Interpublic Group of Companies, Inc.'s (NYSE:IPG) Intrinsic Value Is Potentially 90% Above Its Share Price
Jan 01Reduced Deep Recession Risk Makes Interpublic Group A Buy
Dec 17Interpublic Group of Companies (NYSE:IPG) Has A Pretty Healthy Balance Sheet
Dec 05Slowing Rates Of Return At Interpublic Group of Companies (NYSE:IPG) Leave Little Room For Excitement
Nov 21Is The Interpublic Group of Companies, Inc. (NYSE:IPG) Potentially Undervalued?
Oct 23Interpublic Group: Valuation Compelling, But Careful About Medium-Term Trends
Oct 09Here's Why Interpublic Group of Companies (NYSE:IPG) Can Manage Its Debt Responsibly
Aug 24Interpublic Group: Deep Value Advertising Giant
Jul 28When Should You Buy The Interpublic Group of Companies, Inc. (NYSE:IPG)?
Jul 17Interpublic Group: A Marketing Juggernaut For A Long-Term Dividend Investor
Jun 14Interpublic Group of Companies (NYSE:IPG) Seems To Use Debt Quite Sensibly
May 23Estimating The Intrinsic Value Of The Interpublic Group of Companies, Inc. (NYSE:IPG)
Apr 19Is Now An Opportune Moment To Examine The Interpublic Group of Companies, Inc. (NYSE:IPG)?
Apr 04Interpublic Group of Companies (NYSE:IPG) Will Pay A Larger Dividend Than Last Year At $0.31
Feb 12Interpublic Group of Companies Q4 2022 Earnings Preview
Feb 08Here's Why Interpublic Group of Companies (NYSE:IPG) Can Manage Its Debt Responsibly
Jan 30Financial Position Analysis
Short Term Liabilities: IPG's short term assets ($9.3B) exceed its short term liabilities ($8.5B).
Long Term Liabilities: IPG's short term assets ($9.3B) exceed its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: IPG's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: IPG's debt to equity ratio has reduced from 134.5% to 76.9% over the past 5 years.
Debt Coverage: IPG's debt is well covered by operating cash flow (36.8%).
Interest Coverage: IPG's interest payments on its debt are well covered by EBIT (19.9x coverage).