Howden Joinery Group Balance Sheet Health
Financial Health criteria checks 6/6
Howden Joinery Group has a total shareholder equity of £1.0B and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £2.1B and £1.1B respectively. Howden Joinery Group's EBIT is £339.6M making its interest coverage ratio 29.3. It has cash and short-term investments of £165.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 29.3x |
| Cash | UK£165.50m |
| Equity | UK£1.00b |
| Total liabilities | UK£1.06b |
| Total assets | UK£2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HWDNL's short term assets (£888.6M) exceed its short term liabilities (£446.9M).
Long Term Liabilities: HWDNL's short term assets (£888.6M) exceed its long term liabilities (£615.5M).
Debt to Equity History and Analysis
Debt Level: HWDNL is debt free.
Reducing Debt: HWDNL has not had any debt for past 5 years.
Debt Coverage: HWDNL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HWDNL has no debt, therefore coverage of interest payments is not a concern.