Britvic Balance Sheet Health
Financial Health criteria checks 4/6
Britvic has a total shareholder equity of £391.7M and total debt of £650.8M, which brings its debt-to-equity ratio to 166.1%. Its total assets and total liabilities are £1.9B and £1.5B respectively. Britvic's EBIT is £181.5M making its interest coverage ratio 7.4. It has cash and short-term investments of £100.1M.
Key information
166.1%
Debt to equity ratio
UK£650.80m
Debt
Interest coverage ratio | 7.4x |
Cash | UK£100.10m |
Equity | UK£391.70m |
Total liabilities | UK£1.51b |
Total assets | UK£1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B6S's short term assets (£765.0M) do not cover its short term liabilities (£781.7M).
Long Term Liabilities: B6S's short term assets (£765.0M) exceed its long term liabilities (£724.6M).
Debt to Equity History and Analysis
Debt Level: B6S's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: B6S's debt to equity ratio has reduced from 204.5% to 166.1% over the past 5 years.
Debt Coverage: B6S's debt is well covered by operating cash flow (36.6%).
Interest Coverage: B6S's interest payments on its debt are well covered by EBIT (7.4x coverage).