Bunzl Balance Sheet Health
Financial Health criteria checks 5/6
Bunzl has a total shareholder equity of £2.8B and total debt of £2.7B, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are £9.3B and £6.5B respectively. Bunzl's EBIT is £823.2M making its interest coverage ratio 9.5. It has cash and short-term investments of £1.4B.
Key information
95.9%
Debt to equity ratio
UK£2.72b
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£1.38b |
| Equity | UK£2.83b |
| Total liabilities | UK£6.46b |
| Total assets | UK£9.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNZLL's short term assets (£4.7B) exceed its short term liabilities (£4.1B).
Long Term Liabilities: BNZLL's short term assets (£4.7B) exceed its long term liabilities (£2.4B).
Debt to Equity History and Analysis
Debt Level: BNZLL's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: BNZLL's debt to equity ratio has reduced from 124.7% to 95.9% over the past 5 years.
Debt Coverage: BNZLL's debt is well covered by operating cash flow (34.4%).
Interest Coverage: BNZLL's interest payments on its debt are well covered by EBIT (9.5x coverage).