Persimmon Balance Sheet Health
Financial Health criteria checks 6/6
Persimmon has a total shareholder equity of £3.4B and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.8B and £1.4B respectively. Persimmon's EBIT is £630.1M making its interest coverage ratio 61.8. It has cash and short-term investments of £350.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 61.8x |
| Cash | UK£350.20m |
| Equity | UK£3.41b |
| Total liabilities | UK£1.39b |
| Total assets | UK£4.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OHP's short term assets (£4.3B) exceed its short term liabilities (£1.1B).
Long Term Liabilities: OHP's short term assets (£4.3B) exceed its long term liabilities (£333.1M).
Debt to Equity History and Analysis
Debt Level: OHP is debt free.
Reducing Debt: OHP has not had any debt for past 5 years.
Debt Coverage: OHP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OHP has no debt, therefore coverage of interest payments is not a concern.