Whitbread Balance Sheet Health
Financial Health criteria checks 4/6
Whitbread has a total shareholder equity of £3.5B and total debt of £994.9M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are £9.5B and £6.0B respectively. Whitbread's EBIT is £666.3M making its interest coverage ratio 5.2. It has cash and short-term investments of £696.7M.
Key information
28.3%
Debt to equity ratio
UK£994.90m
Debt
Interest coverage ratio | 5.2x |
Cash | UK£696.70m |
Equity | UK£3.52b |
Total liabilities | UK£6.00b |
Total assets | UK£9.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WHF's short term assets (£891.6M) exceed its short term liabilities (£870.4M).
Long Term Liabilities: WHF's short term assets (£891.6M) do not cover its long term liabilities (£5.1B).
Debt to Equity History and Analysis
Debt Level: WHF's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: WHF's debt to equity ratio has increased from 14.6% to 28.3% over the past 5 years.
Debt Coverage: WHF's debt is well covered by operating cash flow (88.2%).
Interest Coverage: WHF's interest payments on its debt are well covered by EBIT (5.2x coverage).