International Distribution Services Balance Sheet Health
Financial Health criteria checks 4/6
International Distribution Services has a total shareholder equity of £3.5B and total debt of £1.5B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are £9.0B and £5.4B respectively. International Distribution Services's EBIT is £281.0M making its interest coverage ratio 6.1. It has cash and short-term investments of £1.2B.
Key information
43.4%
Debt to equity ratio
UK£1.54b
Debt
| Interest coverage ratio | 6.1x |
| Cash | UK£1.25b |
| Equity | UK£3.55b |
| Total liabilities | UK£5.45b |
| Total assets | UK£8.99b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYE's short term assets (£2.9B) exceed its short term liabilities (£2.9B).
Long Term Liabilities: RYE's short term assets (£2.9B) exceed its long term liabilities (£2.6B).
Debt to Equity History and Analysis
Debt Level: RYE's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: RYE's debt to equity ratio has increased from 9.3% to 43.4% over the past 5 years.
Debt Coverage: RYE's debt is not well covered by operating cash flow (14%).
Interest Coverage: RYE's interest payments on its debt are well covered by EBIT (6.1x coverage).