ASGN Balance Sheet Health
Financial Health criteria checks 4/6
ASGN has a total shareholder equity of $1.9B and total debt of $1.0B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are $3.5B and $1.6B respectively. ASGN's EBIT is $350.8M making its interest coverage ratio 5.1. It has cash and short-term investments of $158.4M.
Key information
55.9%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$158.40m |
| Equity | US$1.86b |
| Total liabilities | US$1.63b |
| Total assets | US$3.49b |
Recent financial health updates
Is ASGN (NYSE:ASGN) Using Too Much Debt?
Mar 07
Is ASGN (NYSE:ASGN) Using Too Much Debt?
Nov 18Is ASGN (NYSE:ASGN) Using Too Much Debt?
Aug 07Is ASGN (NYSE:ASGN) Using Too Much Debt?
May 08ASGN (NYSE:ASGN) Seems To Use Debt Rather Sparingly
Feb 06ASGN (NYSE:ASGN) Has A Rock Solid Balance Sheet
Oct 19Recent updates
Is There An Opportunity With ASGN Incorporated's (NYSE:ASGN) 42% Undervaluation?
Mar 27Is ASGN (NYSE:ASGN) Using Too Much Debt?
Mar 07Should You Think About Buying ASGN Incorporated (NYSE:ASGN) Now?
Feb 23ASGN (NYSE:ASGN) Hasn't Managed To Accelerate Its Returns
Jan 11ASGN Incorporated's (NYSE:ASGN) Business Is Yet to Catch Up With Its Share Price
Dec 28Estimating The Fair Value Of ASGN Incorporated (NYSE:ASGN)
Dec 15Is ASGN (NYSE:ASGN) Using Too Much Debt?
Nov 18What Does ASGN Incorporated's (NYSE:ASGN) Share Price Indicate?
Oct 29Why I'm Downgrading ASGN
Oct 15ASGN (NYSE:ASGN) Hasn't Managed To Accelerate Its Returns
Sep 28Are Investors Undervaluing ASGN Incorporated (NYSE:ASGN) By 32%?
Sep 09Is ASGN (NYSE:ASGN) Using Too Much Debt?
Aug 07ASGN: Assessing If Momentum Can Continue Post Q2 Earnings
Jul 20Is Now An Opportune Moment To Examine ASGN Incorporated (NYSE:ASGN)?
Jul 19Calculating The Fair Value Of ASGN Incorporated (NYSE:ASGN)
Jun 05Returns On Capital At ASGN (NYSE:ASGN) Have Hit The Brakes
May 23Is ASGN (NYSE:ASGN) Using Too Much Debt?
May 08Is Now An Opportune Moment To Examine ASGN Incorporated (NYSE:ASGN)?
Apr 09Here's Why We Think ASGN (NYSE:ASGN) Is Well Worth Watching
Mar 08Are Investors Undervaluing ASGN Incorporated (NYSE:ASGN) By 30%?
Feb 21ASGN (NYSE:ASGN) Seems To Use Debt Rather Sparingly
Feb 06ASGN Incorporated: Not A Great Play, But Not A Bad One Either As We Near Fourth Quarter Earnings
Feb 06Should You Investigate ASGN Incorporated (NYSE:ASGN) At US$85.01?
Jan 09Does ASGN (NYSE:ASGN) Deserve A Spot On Your Watchlist?
Dec 08Is ASGN Incorporated (NYSE:ASGN) Trading At A 45% Discount?
Nov 10ASGN Non-GAAP EPS of $1.79 beats by $0.01, revenue of $1.2B beats by $10M
Oct 26ASGN (NYSE:ASGN) Has A Rock Solid Balance Sheet
Oct 19ASGN: Best Business Services Nearby Stock Capital-Gain Prospect
Sep 18Should You Investigate ASGN Incorporated (NYSE:ASGN) At US$93.37?
Sep 15ASGN Non-GAAP EPS of $1.71 beats by $0.06, revenue of $1.1B misses by $30M
Jul 27Is ASGN Incorporated (NYSE:ASGN) Trading At A 50% Discount?
Jul 26Does ASGN (NYSE:ASGN) Have A Healthy Balance Sheet?
Jul 13ASGN: High Margin Commercial Consulting Business Driving The Company Forward
Jul 07ASGN's federal government segment wins $49M Army contact
Jun 23Does ASGN (NYSE:ASGN) Deserve A Spot On Your Watchlist?
Jun 10Is It Too Late To Consider Buying ASGN Incorporated (NYSE:ASGN)?
May 28ASGN: An Economic Slowdown Is A Real Threat To The Growth Story
May 28Does ASGN (NYSE:ASGN) Have A Healthy Balance Sheet?
Apr 14ASGN Incorporated (NYSE:ASGN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 15Is Now The Time To Put ASGN (NYSE:ASGN) On Your Watchlist?
Feb 28Financial Position Analysis
Short Term Liabilities: ASGN's short term assets ($933.4M) exceed its short term liabilities ($371.7M).
Long Term Liabilities: ASGN's short term assets ($933.4M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: ASGN's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: ASGN's debt to equity ratio has reduced from 90.3% to 55.9% over the past 5 years.
Debt Coverage: ASGN's debt is well covered by operating cash flow (43.2%).
Interest Coverage: ASGN's interest payments on its debt are well covered by EBIT (5.1x coverage).