Bunzl Balance Sheet Health
Financial Health criteria checks 6/6
Bunzl has a total shareholder equity of £3.0B and total debt of £2.5B, which brings its debt-to-equity ratio to 84.3%. Its total assets and total liabilities are £8.7B and £5.8B respectively. Bunzl's EBIT is £810.2M making its interest coverage ratio 9.7. It has cash and short-term investments of £1.4B.
Key information
84.3%
Debt to equity ratio
UK£2.50b
Debt
Interest coverage ratio | 9.7x |
Cash | UK£1.43b |
Equity | UK£2.97b |
Total liabilities | UK£5.78b |
Total assets | UK£8.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BUZ1's short term assets (£4.6B) exceed its short term liabilities (£3.3B).
Long Term Liabilities: BUZ1's short term assets (£4.6B) exceed its long term liabilities (£2.5B).
Debt to Equity History and Analysis
Debt Level: BUZ1's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: BUZ1's debt to equity ratio has reduced from 110.3% to 84.3% over the past 5 years.
Debt Coverage: BUZ1's debt is well covered by operating cash flow (36.2%).
Interest Coverage: BUZ1's interest payments on its debt are well covered by EBIT (9.7x coverage).