International Business Machines Balance Sheet Health
Financial Health criteria checks 4/6
International Business Machines has a total shareholder equity of $23.3B and total debt of $58.8B, which brings its debt-to-equity ratio to 252%. Its total assets and total liabilities are $137.2B and $113.8B respectively. International Business Machines's EBIT is $9.9B making its interest coverage ratio 10.3. It has cash and short-term investments of $19.1B.
Key information
252.0%
Debt to equity ratio
US$58.80b
Debt
| Interest coverage ratio | 10.3x |
| Cash | US$19.12b |
| Equity | US$23.33b |
| Total liabilities | US$113.84b |
| Total assets | US$137.17b |
Recent financial health updates
Recent updates
International Business Machines (NYSE:IBM) Has Announced That It Will Be Increasing Its Dividend To $1.67
May 07
IBM: Big Blue Sees Crimson As It Blows Money On HashiCorp
Apr 26International Business Machines Corporation's (NYSE:IBM) Popularity With Investors Is Under Threat From Overpricing
Apr 16IBM: Best Strategies For Success
Apr 16International Business Machines Corporation's (NYSE:IBM) Intrinsic Value Is Potentially 47% Above Its Share Price
Apr 02IBM: Growth In Software And Consulting Should Drive Future Recurring Growth
Apr 01Does International Business Machines (NYSE:IBM) Deserve A Spot On Your Watchlist?
Mar 06IBM: Thanks To AI, Its Free Cash Outlook Has Never Looked Better
Feb 27IBM 2024 Outlook: Uniquely Set To Ride The Open-Source AI Wave
Jan 30IBM: Trading Like The Also-Ran It Isn't
Jan 22Does International Business Machines (NYSE:IBM) Have A Healthy Balance Sheet?
Jan 19Risks To Shareholder Returns Are Elevated At These Prices For International Business Machines Corporation (NYSE:IBM)
Jan 03IBM: Hybrid Platform & Solutions And Consulting Steer The Ship After Kyndryl Spun-Off
Dec 30IBM: Why An Investment Might Not Make Sense
Dec 22IBM: Defying Massive Skepticism As It Surged Above A 5-Year High
Dec 16Estimating The Intrinsic Value Of International Business Machines Corporation (NYSE:IBM)
Dec 04Financial Position Analysis
Short Term Liabilities: IBM's short term assets ($36.7B) exceed its short term liabilities ($32.4B).
Long Term Liabilities: IBM's short term assets ($36.7B) do not cover its long term liabilities ($81.4B).
Debt to Equity History and Analysis
Debt Level: IBM's net debt to equity ratio (170.1%) is considered high.
Reducing Debt: IBM's debt to equity ratio has reduced from 301.4% to 252% 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 (10.3x coverage).