Imperial Brands Balance Sheet Health
Financial Health criteria checks 3/6
Imperial Brands has a total shareholder equity of £5.1B and total debt of £10.7B, which brings its debt-to-equity ratio to 210.3%. Its total assets and total liabilities are £28.5B and £23.5B respectively. Imperial Brands's EBIT is £3.2B making its interest coverage ratio -8.9. It has cash and short-term investments of £668.0M.
Key information
210.3%
Debt to equity ratio
UK£10.69b
Debt
| Interest coverage ratio | -8.9x |
| Cash | UK£668.00m |
| Equity | UK£5.09b |
| Total liabilities | UK£23.46b |
| Total assets | UK£28.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMB's short term assets (£8.5B) do not cover its short term liabilities (£13.3B).
Long Term Liabilities: IMB's short term assets (£8.5B) do not cover its long term liabilities (£10.2B).
Debt to Equity History and Analysis
Debt Level: IMB's net debt to equity ratio (197.1%) is considered high.
Reducing Debt: IMB's debt to equity ratio has reduced from 241.5% to 210.3% over the past 5 years.
Debt Coverage: IMB's debt is well covered by operating cash flow (28.7%).
Interest Coverage: IMB earns more interest than it pays, so coverage of interest payments is not a concern.