Barratt Redrow Balance Sheet Health

Financial Health criteria checks 6/6

Barratt Redrow has a total shareholder equity of £5.4B and total debt of £200.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are £7.9B and £2.4B respectively. Barratt Redrow's EBIT is £352.1M making its interest coverage ratio 54.2. It has cash and short-term investments of £1.1B.

Key information

3.7%

Debt to equity ratio

UK£200.00m

Debt

Interest coverage ratio54.2x
CashUK£1.07b
EquityUK£5.44b
Total liabilitiesUK£2.44b
Total assetsUK£7.88b

Recent financial health updates

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Recent updates

Financial Position Analysis

Short Term Liabilities: 3BAA's short term assets (£6.6B) exceed its short term liabilities (£1.4B).

Long Term Liabilities: 3BAA's short term assets (£6.6B) exceed its long term liabilities (£989.6M).


Debt to Equity History and Analysis

Debt Level: 3BAA has more cash than its total debt.

Reducing Debt: 3BAA's debt to equity ratio has reduced from 7.8% to 3.7% over the past 5 years.

Debt Coverage: 3BAA's debt is well covered by operating cash flow (48.1%).

Interest Coverage: 3BAA's interest payments on its debt are well covered by EBIT (54.2x coverage).


Balance Sheet


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