Mitchells & Butlers Balance Sheet Health
Financial Health criteria checks 1/6
Mitchells & Butlers has a total shareholder equity of £2.1B and total debt of £1.3B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are £4.8B and £2.7B respectively. Mitchells & Butlers's EBIT is £222.0M making its interest coverage ratio 2.1. It has cash and short-term investments of £126.0M.
Key information
62.8%
Debt to equity ratio
UK£1.34b
Debt
Interest coverage ratio | 2.1x |
Cash | UK£126.00m |
Equity | UK£2.13b |
Total liabilities | UK£2.67b |
Total assets | UK£4.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MABB's short term assets (£277.0M) do not cover its short term liabilities (£671.0M).
Long Term Liabilities: MABB's short term assets (£277.0M) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: MABB's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: MABB's debt to equity ratio has reduced from 125.5% to 62.8% over the past 5 years.
Debt Coverage: MABB's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: MABB's interest payments on its debt are not well covered by EBIT (2.1x coverage).