DS Smith Balance Sheet Health
Financial Health criteria checks 2/6
DS Smith has a total shareholder equity of £3.9B and total debt of £2.5B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are £9.3B and £5.3B respectively. DS Smith's EBIT is £602.0M making its interest coverage ratio 6. It has cash and short-term investments of £499.0M.
Key information
64.0%
Debt to equity ratio
UK£2.53b
Debt
| Interest coverage ratio | 6x |
| Cash | UK£499.00m |
| Equity | UK£3.95b |
| Total liabilities | UK£5.31b |
| Total assets | UK£9.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1KR's short term assets (£2.3B) do not cover its short term liabilities (£2.7B).
Long Term Liabilities: 1KR's short term assets (£2.3B) do not cover its long term liabilities (£2.6B).
Debt to Equity History and Analysis
Debt Level: 1KR's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: 1KR's debt to equity ratio has reduced from 88.2% to 64% over the past 5 years.
Debt Coverage: 1KR's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 1KR's interest payments on its debt are well covered by EBIT (6x coverage).