Whitbread Balance Sheet Health
Financial Health criteria checks 4/6
Whitbread has a total shareholder equity of £3.5B and total debt of £995.6M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are £9.5B and £6.0B respectively. Whitbread's EBIT is £599.1M making its interest coverage ratio 4.2. It has cash and short-term investments of £625.3M.
Key information
28.6%
Debt to equity ratio
UK£995.60m
Debt
| Interest coverage ratio | 4.2x |
| Cash | UK£625.30m |
| Equity | UK£3.48b |
| Total liabilities | UK£6.05b |
| Total assets | UK£9.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WHF4's short term assets (£901.0M) exceed its short term liabilities (£791.8M).
Long Term Liabilities: WHF4's short term assets (£901.0M) do not cover its long term liabilities (£5.3B).
Debt to Equity History and Analysis
Debt Level: WHF4's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: WHF4's debt to equity ratio has increased from 23.4% to 28.6% over the past 5 years.
Debt Coverage: WHF4's debt is well covered by operating cash flow (77.6%).
Interest Coverage: WHF4's interest payments on its debt are well covered by EBIT (4.2x coverage).