Travis Perkins Balance Sheet Health
Financial Health criteria checks 5/6
Travis Perkins has a total shareholder equity of £2.0B and total debt of £445.1M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are £4.0B and £2.0B respectively. Travis Perkins's EBIT is £159.5M making its interest coverage ratio 3.6. It has cash and short-term investments of £131.5M.
Key information
21.8%
Debt to equity ratio
UK£445.10m
Debt
Interest coverage ratio | 3.6x |
Cash | UK£131.50m |
Equity | UK£2.04b |
Total liabilities | UK£1.99b |
Total assets | UK£4.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFPB's short term assets (£1.6B) exceed its short term liabilities (£924.7M).
Long Term Liabilities: LFPB's short term assets (£1.6B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: LFPB's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: LFPB's debt to equity ratio has increased from 21.6% to 21.8% over the past 5 years.
Debt Coverage: LFPB's debt is well covered by operating cash flow (48.9%).
Interest Coverage: LFPB's interest payments on its debt are well covered by EBIT (3.6x coverage).