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 £625.1M making its interest coverage ratio 250. It has cash and short-term investments of £420.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 250x |
Cash | UK£420.10m |
Equity | UK£3.42b |
Total liabilities | UK£1.37b |
Total assets | UK£4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OHP0's short term assets (£4.3B) exceed its short term liabilities (£948.9M).
Long Term Liabilities: OHP0's short term assets (£4.3B) exceed its long term liabilities (£420.4M).
Debt to Equity History and Analysis
Debt Level: OHP0 is debt free.
Reducing Debt: OHP0 has not had any debt for past 5 years.
Debt Coverage: OHP0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OHP0 has no debt, therefore coverage of interest payments is not a concern.