DFS Furniture Balance Sheet Health
Financial Health criteria checks 2/6
DFS Furniture has a total shareholder equity of £233.6M and total debt of £145.7M, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are £1.0B and £809.2M respectively. DFS Furniture's EBIT is £70.9M making its interest coverage ratio 1.9. It has cash and short-term investments of £13.7M.
Key information
62.4%
Debt to equity ratio
UK£145.70m
Debt
Interest coverage ratio | 1.9x |
Cash | UK£13.70m |
Equity | UK£233.60m |
Total liabilities | UK£809.20m |
Total assets | UK£1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DF0's short term assets (£78.5M) do not cover its short term liabilities (£334.7M).
Long Term Liabilities: DF0's short term assets (£78.5M) do not cover its long term liabilities (£474.5M).
Debt to Equity History and Analysis
Debt Level: DF0's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: DF0's debt to equity ratio has reduced from 65.4% to 62.4% over the past 5 years.
Debt Coverage: DF0's debt is well covered by operating cash flow (91.6%).
Interest Coverage: DF0's interest payments on its debt are not well covered by EBIT (1.9x coverage).