Marshalls Balance Sheet Health
Financial Health criteria checks 4/6
Marshalls has a total shareholder equity of £641.3M and total debt of £207.4M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are £1.1B and £472.8M respectively. Marshalls's EBIT is £55.4M making its interest coverage ratio 3.2. It has cash and short-term investments of £36.3M.
Key information
32.3%
Debt to equity ratio
UK£207.40m
Debt
Interest coverage ratio | 3.2x |
Cash | UK£36.30m |
Equity | UK£641.30m |
Total liabilities | UK£472.80m |
Total assets | UK£1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1QG's short term assets (£259.0M) exceed its short term liabilities (£138.5M).
Long Term Liabilities: 1QG's short term assets (£259.0M) do not cover its long term liabilities (£334.3M).
Debt to Equity History and Analysis
Debt Level: 1QG's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 1QG's debt to equity ratio has increased from 30.8% to 32.3% over the past 5 years.
Debt Coverage: 1QG's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 1QG's interest payments on its debt are well covered by EBIT (3.2x coverage).