Marston's Balance Sheet Health
Financial Health criteria checks 2/6
Marston's has a total shareholder equity of £640.1M and total debt of £1.3B, which brings its debt-to-equity ratio to 195.7%. Its total assets and total liabilities are £2.5B and £1.8B respectively. Marston's's EBIT is £121.1M making its interest coverage ratio 1. It has cash and short-term investments of £27.6M.
Key information
195.7%
Debt to equity ratio
UK£1.25b
Debt
Interest coverage ratio | 1x |
Cash | UK£27.60m |
Equity | UK£640.10m |
Total liabilities | UK£1.81b |
Total assets | UK£2.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WVDA's short term assets (£74.3M) do not cover its short term liabilities (£237.7M).
Long Term Liabilities: WVDA's short term assets (£74.3M) do not cover its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: WVDA's net debt to equity ratio (191.3%) is considered high.
Reducing Debt: WVDA's debt to equity ratio has increased from 177.5% to 195.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WVDA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WVDA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18% per year.