Grainger Balance Sheet Health
Financial Health criteria checks 3/6
Grainger has a total shareholder equity of £1.9B and total debt of £1.5B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are £3.7B and £1.8B respectively. Grainger's EBIT is £120.6M making its interest coverage ratio 5. It has cash and short-term investments of £166.3M.
Key information
79.5%
Debt to equity ratio
UK£1.53b
Debt
Interest coverage ratio | 5x |
Cash | UK£166.30m |
Equity | UK£1.93b |
Total liabilities | UK£1.79b |
Total assets | UK£3.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1U4's short term assets (£592.5M) exceed its short term liabilities (£129.9M).
Long Term Liabilities: 1U4's short term assets (£592.5M) do not cover its long term liabilities (£1.7B).
Debt to Equity History and Analysis
Debt Level: 1U4's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: 1U4's debt to equity ratio has reduced from 118.3% to 79.5% over the past 5 years.
Debt Coverage: 1U4's debt is not well covered by operating cash flow (12%).
Interest Coverage: 1U4's interest payments on its debt are well covered by EBIT (5x coverage).