Ingram Micro Holding Balance Sheet Health
Financial Health criteria checks 3/6
Ingram Micro Holding has a total shareholder equity of $3.6B and total debt of $3.8B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are $18.6B and $14.9B respectively. Ingram Micro Holding's EBIT is $950.9M making its interest coverage ratio 3.1. It has cash and short-term investments of $849.6M.
Key information
106.2%
Debt to equity ratio
US$3.84b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$849.64m |
| Equity | US$3.61b |
| Total liabilities | US$14.95b |
| Total assets | US$18.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INGM's short term assets ($15.5B) exceed its short term liabilities ($11.0B).
Long Term Liabilities: INGM's short term assets ($15.5B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: INGM's net debt to equity ratio (82.7%) is considered high.
Reducing Debt: INGM's debt to equity ratio has increased from 34.5% to 106.2% over the past 5 years.
Debt Coverage: INGM's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: INGM's interest payments on its debt are well covered by EBIT (3.1x coverage).