B&M European Value Retail Balance Sheet Health
Financial Health criteria checks 3/6
B&M European Value Retail has a total shareholder equity of £742.0M and total debt of £964.0M, which brings its debt-to-equity ratio to 129.9%. Its total assets and total liabilities are £3.9B and £3.1B respectively. B&M European Value Retail's EBIT is £568.0M making its interest coverage ratio 5. It has cash and short-term investments of £185.0M.
Key information
129.9%
Debt to equity ratio
UK£964.00m
Debt
| Interest coverage ratio | 5x |
| Cash | UK£185.00m |
| Equity | UK£742.00m |
| Total liabilities | UK£3.14b |
| Total assets | UK£3.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMNU's short term assets (£1.3B) exceed its short term liabilities (£1.2B).
Long Term Liabilities: BMNU's short term assets (£1.3B) do not cover its long term liabilities (£1.9B).
Debt to Equity History and Analysis
Debt Level: BMNU's net debt to equity ratio (105%) is considered high.
Reducing Debt: BMNU's debt to equity ratio has increased from 79.6% to 129.9% over the past 5 years.
Debt Coverage: BMNU's debt is well covered by operating cash flow (72%).
Interest Coverage: BMNU's interest payments on its debt are well covered by EBIT (5x coverage).