Henry Boot Balance Sheet Health
Financial Health criteria checks 4/6
Henry Boot has a total shareholder equity of £410.1M and total debt of £86.5M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are £594.4M and £184.3M respectively. Henry Boot's EBIT is £33.1M making its interest coverage ratio 8.3. It has cash and short-term investments of £13.0M.
Key information
21.1%
Debt to equity ratio
UK£86.52m
Debt
Interest coverage ratio | 8.3x |
Cash | UK£13.03m |
Equity | UK£410.12m |
Total liabilities | UK£184.28m |
Total assets | UK£594.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KH's short term assets (£400.7M) exceed its short term liabilities (£170.0M).
Long Term Liabilities: 0KH's short term assets (£400.7M) exceed its long term liabilities (£14.3M).
Debt to Equity History and Analysis
Debt Level: 0KH's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: 0KH's debt to equity ratio has increased from 8.6% to 21.1% over the past 5 years.
Debt Coverage: 0KH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0KH's interest payments on its debt are well covered by EBIT (8.3x coverage).