J Sainsbury Balance Sheet Health
Financial Health criteria checks 5/6
J Sainsbury has a total shareholder equity of £6.9B and total debt of £1.2B, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are £25.1B and £18.2B respectively. J Sainsbury's EBIT is £1.4B making its interest coverage ratio 4.6. It has cash and short-term investments of £2.0B.
Key information
17.4%
Debt to equity ratio
UK£1.20b
Debt
Interest coverage ratio | 4.6x |
Cash | UK£1.99b |
Equity | UK£6.87b |
Total liabilities | UK£18.19b |
Total assets | UK£25.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUY's short term assets (£7.6B) do not cover its short term liabilities (£11.5B).
Long Term Liabilities: SUY's short term assets (£7.6B) exceed its long term liabilities (£6.7B).
Debt to Equity History and Analysis
Debt Level: SUY has more cash than its total debt.
Reducing Debt: SUY's debt to equity ratio has reduced from 25.3% to 17.4% over the past 5 years.
Debt Coverage: SUY's debt is well covered by operating cash flow (164.4%).
Interest Coverage: SUY's interest payments on its debt are well covered by EBIT (4.6x coverage).