WH Smith Balance Sheet Health
Financial Health criteria checks 2/6
WH Smith has a total shareholder equity of £332.0M and total debt of £481.0M, which brings its debt-to-equity ratio to 144.9%. Its total assets and total liabilities are £1.7B and £1.4B respectively. WH Smith's EBIT is £177.0M making its interest coverage ratio 3.6. It has cash and short-term investments of £44.0M.
Key information
144.9%
Debt to equity ratio
UK£481.00m
Debt
| Interest coverage ratio | 3.6x |
| Cash | UK£44.00m |
| Equity | UK£332.00m |
| Total liabilities | UK£1.37b |
| Total assets | UK£1.70b |
Recent financial health updates
We Think WH Smith (LON:SMWH) Can Stay On Top Of Its Debt
Jan 08
Here's Why WH Smith (LON:SMWH) Can Manage Its Debt Responsibly
Jul 14WH Smith (LON:SMWH) Seems To Use Debt Quite Sensibly
Dec 05Is WH Smith (LON:SMWH) A Risky Investment?
May 27Is WH Smith (LON:SMWH) Using Too Much Debt?
Dec 09Is WH Smith (LON:SMWH) A Risky Investment?
May 27Recent updates
WH Smith (LON:SMWH) Will Pay A Dividend Of £0.11
Apr 28WH Smith PLC (LON:SMWH) Shares Could Be 34% Above Their Intrinsic Value Estimate
Mar 21Is It Time To Consider Buying WH Smith PLC (LON:SMWH)?
Feb 29We Think WH Smith (LON:SMWH) Can Stay On Top Of Its Debt
Jan 08We Think WH Smith's (LON:SMWH) Robust Earnings Are Conservative
Dec 18WH Smith (LON:SMWH) Has Announced That It Will Be Increasing Its Dividend To £0.208
Dec 13WH Smith (LON:SMWH) Is Increasing Its Dividend To £0.208
Nov 16Is WH Smith PLC (LON:SMWH) Potentially Undervalued?
Nov 10A Look At The Fair Value Of WH Smith PLC (LON:SMWH)
Oct 04Here's Why WH Smith (LON:SMWH) Can Manage Its Debt Responsibly
Jul 14WH Smith PLC (LON:SMWH) Shares Could Be 33% Above Their Intrinsic Value Estimate
Jun 22Is It Time To Consider Buying WH Smith PLC (LON:SMWH)?
May 05A Look At The Intrinsic Value Of WH Smith PLC (LON:SMWH)
Mar 18Is Now An Opportune Moment To Examine WH Smith PLC (LON:SMWH)?
Jan 18WH Smith (LON:SMWH) Seems To Use Debt Quite Sensibly
Dec 05Estimating The Fair Value Of WH Smith PLC (LON:SMWH)
Aug 25At UK£14.46, Is WH Smith PLC (LON:SMWH) Worth Looking At Closely?
Aug 04Is WH Smith (LON:SMWH) A Risky Investment?
May 27Should You Investigate WH Smith PLC (LON:SMWH) At UK£14.56?
May 03Calculating The Fair Value Of WH Smith PLC (LON:SMWH)
Apr 12Is WH Smith PLC (LON:SMWH) Potentially Undervalued?
Jan 26Estimating The Intrinsic Value Of WH Smith PLC (LON:SMWH)
Jan 05Is WH Smith (LON:SMWH) Using Too Much Debt?
Dec 09Calculating The Intrinsic Value Of WH Smith PLC (LON:SMWH)
Sep 23Is Now An Opportune Moment To Examine WH Smith PLC (LON:SMWH)?
Aug 18Calculating The Fair Value Of WH Smith PLC (LON:SMWH)
Jun 25Is WH Smith (LON:SMWH) A Risky Investment?
May 27WH Smith PLC (LON:SMWH) Just Reported Interim Earnings: Have Analysts Changed Their Mind On The Stock?
May 01What Type Of Shareholders Own The Most Number of WH Smith PLC (LON:SMWH) Shares?
Mar 17Is It Time To Consider Buying WH Smith PLC (LON:SMWH)?
Feb 10
How Much Did WH Smith's(LON:SMWH) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 20Are Investors Undervaluing WH Smith PLC (LON:SMWH) By 39%?
Dec 22Does WH Smith (LON:SMWH) Have A Healthy Balance Sheet?
Dec 01Financial Position Analysis
Short Term Liabilities: SMWH's short term assets (£365.0M) do not cover its short term liabilities (£571.0M).
Long Term Liabilities: SMWH's short term assets (£365.0M) do not cover its long term liabilities (£798.0M).
Debt to Equity History and Analysis
Debt Level: SMWH's net debt to equity ratio (131.6%) is considered high.
Reducing Debt: SMWH's debt to equity ratio has increased from 136.7% to 144.9% over the past 5 years.
Debt Coverage: SMWH's debt is well covered by operating cash flow (54.5%).
Interest Coverage: SMWH's interest payments on its debt are well covered by EBIT (3.6x coverage).