WH Smith Balance Sheet Health
Financial Health criteria checks 2/6
WH Smith has a total shareholder equity of £446.0M and total debt of £427.0M, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are £1.9B and £1.4B respectively. WH Smith's EBIT is £213.0M making its interest coverage ratio 4.1. It has cash and short-term investments of £56.0M.
Key information
95.7%
Debt to equity ratio
UK£427.00m
Debt
Interest coverage ratio | 4.1x |
Cash | UK£56.00m |
Equity | UK£446.00m |
Total liabilities | UK£1.42b |
Total assets | UK£1.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 21Q's short term assets (£511.0M) do not cover its short term liabilities (£599.0M).
Long Term Liabilities: 21Q's short term assets (£511.0M) do not cover its long term liabilities (£824.0M).
Debt to Equity History and Analysis
Debt Level: 21Q's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: 21Q's debt to equity ratio has increased from 90.7% to 95.7% over the past 5 years.
Debt Coverage: 21Q's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 21Q's interest payments on its debt are well covered by EBIT (4.1x coverage).