Centrica Balance Sheet Health
Financial Health criteria checks 5/6
Centrica has a total shareholder equity of £4.2B and total debt of £3.7B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are £21.4B and £17.1B respectively.
Key information
87.9%
Debt to equity ratio
UK£3.72b
Debt
Interest coverage ratio | n/a |
Cash | UK£6.85b |
Equity | UK£4.23b |
Total liabilities | UK£17.13b |
Total assets | UK£21.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENB's short term assets (£16.1B) exceed its short term liabilities (£11.1B).
Long Term Liabilities: CENB's short term assets (£16.1B) exceed its long term liabilities (£6.0B).
Debt to Equity History and Analysis
Debt Level: CENB has more cash than its total debt.
Reducing Debt: CENB's debt to equity ratio has reduced from 114.9% to 87.9% over the past 5 years.
Debt Coverage: CENB's debt is well covered by operating cash flow (74%).
Interest Coverage: Insufficient data to determine if CENB's interest payments on its debt are well covered by EBIT.