Babcock International Group Balance Sheet Health
Financial Health criteria checks 4/6
Babcock International Group has a total shareholder equity of £540.0M and total debt of £749.7M, which brings its debt-to-equity ratio to 138.8%. Its total assets and total liabilities are £3.7B and £3.1B respectively. Babcock International Group's EBIT is £284.4M making its interest coverage ratio 9.5. It has cash and short-term investments of £619.4M.
Key information
138.8%
Debt to equity ratio
UK£749.70m
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£619.40m |
| Equity | UK£540.00m |
| Total liabilities | UK£3.12b |
| Total assets | UK£3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BW3's short term assets (£1.7B) do not cover its short term liabilities (£1.9B).
Long Term Liabilities: BW3's short term assets (£1.7B) exceed its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: BW3's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: BW3's debt to equity ratio has increased from 63.5% to 138.8% over the past 5 years.
Debt Coverage: BW3's debt is well covered by operating cash flow (44.2%).
Interest Coverage: BW3's interest payments on its debt are well covered by EBIT (9.5x coverage).