International Business Machines Balance Sheet Health
Financial Health criteria checks 4/6
International Business Machines has a total shareholder equity of $24.5B and total debt of $55.7B, which brings its debt-to-equity ratio to 227.1%. Its total assets and total liabilities are $134.3B and $109.8B respectively. International Business Machines's EBIT is $7.2B making its interest coverage ratio 7.6. It has cash and short-term investments of $13.7B.
Key information
227.1%
Debt to equity ratio
US$55.70b
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$13.70b |
| Equity | US$24.53b |
| Total liabilities | US$109.81b |
| Total assets | US$134.34b |
Recent financial health updates
Recent updates
IBM Is In The Midst Of An AI Renaissance - Stop Doubting That
Dec 08International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing
Nov 29
IBM Post-Earnings Summary: Liking 'IBM Light' - Buy IBM's Pullback, As Old Tech Finds A Bid
Nov 05International Business Machines' (NYSE:IBM) Soft Earnings Are Actually Better Than They Appear
Oct 30IBM Earnings Preview: Big Technical Breakout; Company Hasn't Repo'ed Any Stock Since March '19
Oct 21IBM: Reasonable Price, But You Need To Manage Your Risk
Sep 30IBM: The Return Of The King
Sep 17An Intrinsic Calculation For International Business Machines Corporation (NYSE:IBM) Suggests It's 26% Undervalued
Sep 16IBM's Software And GenAI Investments Are Generating Strong Free Cash
Aug 26International Business Machines Corporation's (NYSE:IBM) Business Is Yet to Catch Up With Its Share Price
Aug 19International Business Machines Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 01IBM Q2: Software Growth Potential Supports Buy Thesis
Jul 25Does International Business Machines (NYSE:IBM) Have A Healthy Balance Sheet?
Jul 15IBM: Quantum Computing, Growth And Dividends
Jul 06IBM: 5 Reasons To Stay Bullish Into The Second Half Of 2024
Jun 30Do International Business Machines' (NYSE:IBM) Earnings Warrant Your Attention?
Jun 04IBM: Persistent Challenges
May 28International Business Machines (NYSE:IBM) Has Announced That It Will Be Increasing Its Dividend To $1.67
May 07IBM: Big Blue Sees Crimson As It Blows Money On HashiCorp
Apr 26Financial Position Analysis
Short Term Liabilities: IBM's short term assets ($30.5B) exceed its short term liabilities ($28.9B).
Long Term Liabilities: IBM's short term assets ($30.5B) do not cover its long term liabilities ($81.0B).
Debt to Equity History and Analysis
Debt Level: IBM's net debt to equity ratio (171.2%) is considered high.
Reducing Debt: IBM's debt to equity ratio has reduced from 365.7% to 227.1% over the past 5 years.
Debt Coverage: IBM's debt is well covered by operating cash flow (24.4%).
Interest Coverage: IBM's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:27 |
| End of Day Share Price | 2024/12/19 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
International Business Machines Corporation is covered by 73 analysts. 18 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 |
|---|---|
| James Kelleher | Argus Research Company |
| Josep Bori | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |