Ingram Micro Holding Balance Sheet Health
Financial Health criteria checks 2/6
Ingram Micro Holding has a total shareholder equity of $3.5B and total debt of $3.6B, which brings its debt-to-equity ratio to 104.8%. Its total assets and total liabilities are $17.6B and $14.1B respectively. Ingram Micro Holding's EBIT is $961.5M making its interest coverage ratio 2.9. It has cash and short-term investments of $929.0M.
Key information
104.8%
Debt to equity ratio
US$3.63b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$928.96m |
| Equity | US$3.46b |
| Total liabilities | US$14.15b |
| Total assets | US$17.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INGM's short term assets ($14.6B) exceed its short term liabilities ($10.2B).
Long Term Liabilities: INGM's short term assets ($14.6B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: INGM's net debt to equity ratio (78%) is considered high.
Reducing Debt: INGM's debt to equity ratio has increased from 36.7% to 104.8% over the past 5 years.
Debt Coverage: INGM's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: INGM's interest payments on its debt are not well covered by EBIT (2.9x coverage).